{
  "url": "https://openlegislation.uk/finance-act-2004/schedule-37/paragraph-7",
  "json_url": "https://openlegislation.uk/finance-act-2004/schedule-37/paragraph-7.json",
  "legislation": "ukpga/2004/12",
  "legislation_title": "Finance Act 2004",
  "legislation_url": "https://openlegislation.uk/finance-act-2004",
  "path": "schedule/37/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) In Part 2 of Schedule 1, paragraph 7 is amended as follows.\n(2) In sub-paragraph (1)(c) (use of asset otherwise than in connection with a taxable field between acquisition etc and first use in connection with oil field)—\n(a) after “was used” insert “ (i) ”;\n(b) after “otherwise than in connection with a taxable field,” insert “ or ”;\n(c) after the word “or” so inserted, insert the following sub-paragraph—\n“(ii) in connection with a taxable field in a way that gives rise to tax-exempt tariffing receipts,”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/12/schedule/37/paragraph/7",
    "retrieved_at": "2026-10-29T09:17:16.113356+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."
}