# Oil Taxation Act 1983, Paragraph 12


In relation to a claim for the allowance of any qualifying expenditure, and in relation to the foreign field in connection with which, by virtue of paragraph 10(4) above, the field asset concerned is to be regarded as used, the first claim period shall be the period ending on 30th June 1982 and each subsequent claim period shall be the period of six months from the end of the preceding claim period.

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Source: https://www.legislation.gov.uk/ukpga/1983/56/schedule/4/paragraph/12 (the official version)
Page: https://openlegislation.uk/oil-taxation-act-1983/schedule-4/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.