Oil Taxation Act 1975 section 21

Citation, interpretation and construction

Section 21 provides the formal title of the Act, defines key terms used throughout the legislation, and explains how the Act should be read alongside other tax legislation.

• The Act is formally titled the Oil Taxation Act 1975.
• Key definitions include "the Board" (meaning HMRC), "CTA 2010" (Corporation Tax Act 2010), and "designated area" (areas of the continental shelf designated by Order in Council).
• Parts II and III of the Act, dealing with income tax and corporation tax respectively, must be read and interpreted as part of the wider Income Tax Acts and Corporation Tax Acts.
• Any reference in the Act to another piece of legislation should be taken as referring to that legislation as subsequently amended or applied by any other enactment.