Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Finance Act 2011

Part 3 Oil

  • Section 61 PRT: areas treated as continuing to be oil fields
  • Section 62 Intangible fixed assets: oil licences
  • Section 63 Reduction of supplementary charge for certain new oil fields
  • Section 64 Chargeable gains: oil activities
  1. Part 3 · Oil
  2. PRT: areas treated as continuing to be oil fields

Section 61 | PRT: areas treated as continuing to be oil fields

From legislation.gov.uk

(1)In Schedule 1 to OTA 1975 (determination of oil fields), in paragraph 7(4), for “the relevant area” substitute “ those qualifying assets ”.

(2)The amendment made by this section has effect in relation to chargeable periods that begin after 30 June 2009.

PreviousNext
PrivacyTerms