{
  "url": "https://openlegislation.uk/oil-taxation-nomination-scheme-for-disposals-amendment-regulations-2007/note",
  "json_url": "https://openlegislation.uk/oil-taxation-nomination-scheme-for-disposals-amendment-regulations-2007/note.json",
  "legislation": "uksi/2007/1454",
  "legislation_title": "The Oil Taxation (Nomination Scheme for Disposals) (Amendment) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/oil-taxation-nomination-scheme-for-disposals-amendment-regulations-2007",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Oil Taxation (Nomination Scheme for Disposals) Regulation 1987 (S.I. 1987/1338 as amended) to extend the scope of the nominations scheme under section 61 of the Finance Act 1987 (c. 16) to include Brent-Forties-Oseberg-Ekofisk forward contracts.\nThis amendment falls within the scope of a full regulatory impact assessment that was prepared by HM Revenue and Customs in respect of Part 5 of the Finance (No.2) Bill of the 2005-06 session and was published on 22nd March 2006. That Bill received Royal Assent as the Finance Act 2006.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/1454/note",
    "retrieved_at": "2026-10-29T03:52:20.976602+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}