# Income Tax (Trading and Other Income) Act 2005, Section 225B: Meaning of “oil rights”


In this Chapter “oil rights” means—
(a) rights to oil to be extracted at any place in the United Kingdom or a designated area, or
(b) rights to interests in or to the benefit of such oil.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/225B (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-225B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.