{
  "url": "https://openlegislation.uk/petroleum-revenue-tax-act-1980/schedule/paragraph-1",
  "json_url": "https://openlegislation.uk/petroleum-revenue-tax-act-1980/schedule/paragraph-1.json",
  "legislation": "ukpga/1980/1",
  "legislation_title": "Petroleum Revenue Tax Act 1980",
  "legislation_url": "https://openlegislation.uk/petroleum-revenue-tax-act-1980",
  "path": "schedule/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "For the purposes of section 1(1)(a) of this Act the tax payable by a participator for any chargeable period in respect of an oil field shall be determined as provided in the following provisions of this Schedule; and references in those provisions to any section or Schedule is a reference to that section or Schedule in the Oil Taxation Act 1975.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1975 c. 22."
    },
    {
      "type": "C",
      "label": "C1",
      "text": "See also Finance Act 1980 (c. 48), s. 106, Sch. 17 para. 13— transfers of interests in oil fields after 1 August 1980."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1980/1/schedule/paragraph/1",
    "retrieved_at": "2026-10-29T10:16:56.426214+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."
}