Corporation Tax Act 2010 section 356J

"Authorisation of development": drilling and extraction sites

Section 356J defines how references to "authorisation of development" should be understood in the context of drilling and extraction sites within or connected to licensed areas.

  • Authorisation of development means a national authority granting consent, serving a development programme, or approving a development programme for a licensed area
  • Consent for development does not include consent limited to testing the characteristics of an oil-bearing area
  • Development means winning oil from a licensed area, but excludes oil exploration activities such as searching for oil or drilling wells
  • A national authority can be the OGA, the Scottish Ministers, the Welsh Ministers, or a Northern Ireland Department

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