Schedule 2 Management and Collection of Petroleum Revenue TaxC1

United Kingdom

1. Management of tax
2. Returns by participators
3. Appointment of responsible person for each oil field
4. Returns by the responsible person
5. Production of accounts, books and other information
6. Incorrect returns, accounts, etc.
7. Assessments to tax and determinations of loss, etc.
8. Payment of tax
9. Claim for relief for overpaid tax etc
10. Cases in which HMRC not liable to give effect to a claim
11. Making a claim
12. Decision on claim
13. Assessment of claimant in connection with claim
14. Contract settlements
15. Appeals
16. Appeal: HMRC review or determination by tribunal
17. Participator requires review by HMRC
18. HMRC offer review
19. Notifying appeal to the tribunal
20. Nature of review etc
21. Effect of conclusions of review
22. Notifying appeal to tribunal after review concluded
23. Notifying appeal to tribunal after review offered but not accepted
24. Interpretation of paragraphs 14A to 14H
25. Interest on tax