{
  "url": "https://openlegislation.uk/advance-petroleum-revenue-tax-act-1986/schedule/paragraph-1",
  "json_url": "https://openlegislation.uk/advance-petroleum-revenue-tax-act-1986/schedule/paragraph-1.json",
  "legislation": "ukpga/1986/68",
  "legislation_title": "Advance Petroleum Revenue Tax Act 1986",
  "legislation_url": "https://openlegislation.uk/advance-petroleum-revenue-tax-act-1986",
  "path": "schedule/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "In this Schedule—\n(a) “the principal Act” means the Oil Taxation Act 1975;\n(b) “statement”, in relation to an oil field and a chargeable period, means the statement delivered by a participator in that oil field in respect of that period under section 1(1)(a) of the Petroleum Revenue Tax Act 1980;\n(c) “the material date”, in relation to a participator in an oil field, means the date on which he delivers his statement in respect of that field for the chargeable period ending on 31st December 1986; and\n(d) “section 111” means section 111 of the Finance Act 1981 (restriction of expenditure supplement).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1975 c. 22."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1980 c. 1."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "1981 c. 35."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1986/68/schedule/paragraph/1",
    "retrieved_at": "2026-10-29T09:53:49.913068+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}