# Finance Act 2011, Section 61: PRT: areas treated as continuing to be oil fields


(1) In Schedule 1 to OTA 1975 (determination of oil fields), in paragraph 7(4), for “the relevant area” substitute “ those qualifying assets ”.
(2) The amendment made by this section has effect in relation to chargeable periods that begin after 30 June 2009.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/section/61 (the official version)
Page: https://openlegislation.uk/finance-act-2011/section-61
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.