Oil Taxation Act 1983 Schedule 2 paragraph 6

Transfers of interests in oil fields: disposal of long-term assets

Schedule 2 paragraph 6 amends the rules on transferring interests in oil fields to ensure that disposals of long-term assets are excluded from both the original relief provisions and the new relief introduced by the Oil Taxation Act 1983.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.