# Oil Taxation Act 1983, Paragraph 1


In this Schedule—
(a) “the principal section” means section 12 of this Act;
(b) “the relevant assumptions” means—
(i) those specified in subsection (5) of the principal section; and
(ii) the assumption that a participator in a foreign field is a participator within the meaning of Part I of the principal Act;
(c) “United Kingdom field” means an oil field within the meaning of Part I of the principal Act.

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Source: https://www.legislation.gov.uk/ukpga/1983/56/schedule/4/paragraph/1 (the official version)
Page: https://openlegislation.uk/oil-taxation-act-1983/schedule-4/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.