http://www.legislation.gov.uk/uksi/1987/1338/regulation/15/made
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
Pricing
King's Printer of Acts of Parliament
2011-07-04
TAXES
These Regulations, which have effect from 9th February 1987, supplement and modify for particular cases the provisions of Schedule 10 to the Finance Act 1987 (as amended by Schedule 8 to the Finance (No. 2) Act 1987) (“Schedule 10”) establishing a nomination scheme for certain disposals and appropriations of crude oil. The nomination scheme enables a participator in an oil field to nominate to the Inland Revenue those of his proposed transactions in crude oil from that field in a particular month which he intends should relate to his share of oil from the field (“his equity production”). Where a nominated transaction is in the event fulfilled from the participator’s equity production, his liability for petroleum revenue tax purposes will be based on the price received in such of those transactions as are sales at arm’s length and on market value in other cases.
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 2006
reg 3
Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regs.
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg 2A
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 2006
reg 5
Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regs.
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(1)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1993
reg.3(1)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(2)(c)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1993
reg.3(2)(a)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(2)(d)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1993
reg.3(2)(b)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(3)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1993
reg.3(3)(a)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(3)(b)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1993
reg.3(3)(b)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(3A)-(3D)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1993
reg.3(4)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(3A)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1994
reg.3(1)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A(3C)(a)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 1994
reg.3(2)
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg.2A
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) (Amendment) Regulations 2000
reg.3
Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regs.
The Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regulations 1987
reg 2A
The Oil Taxation (Nomination Scheme for Disposals) (Amendment) Regulations 2007
reg 2
Petroleum Revenue Tax (Nomination Scheme for Disposals and Appropriations) Regs.
Withdrawal and amendment of nominations — proposed supplies and appropriations15
Where a participator who has nominated a proposed supply or a proposed relevant appropriation does not supply or, as the case may be, appropriate any oil forming part of his equity production in accordance with the nomination in the proposed delivery month, he may withdraw the nomination by giving notice in writing of the withdrawal to the Board in accordance with regulation 17.