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        Oil Taxation Act 1975 (c. 22)
        Introductory Text
        Main body
        PART I PETROLEUM REVENUE TAX
        1. Petroleum revenue tax.
        2. Assessable profits and allowable losses.
        3. Allowance of expenditure (other than expenditure on long-term assets and abortive exploration expenditure).
        4. Allowance of expenditure on long-term assets.
        5. Allowance of abortive exploration expenditure.
        5A. Allowance of exploration and appraisal expenditure.
        5B. Allowance of research expenditure.
        6. Allowance of unrelievable loss from abandoned field.
        7. Relief for allowable losses.
        8. Oil allowance.
        9A. Operating expenditure incurred while section 9 applies.
        9. Limit on amount of tax payable.
        10. Modification of Part I in connection with certain gas sold to British Gas Corporation.
        11. Application of Provisional Collection of Taxes Act 1968.
        12. Interpretation of Part I.
        Part II
        13-19. . . .
        Part III Miscellaneous and General
        20. . . .
        21. Citation, interpretation and construction.
        Schedules
        SCHEDULE 1 Determination of Oil Fields
        SCHEDULE 2 Management and Collection of Petroleum Revenue Tax
        SCHEDULE 3 Petroleum Revenue Tax: Miscellaneous Provisions
        SCHEDULE 4 Provisions Supplementary to Sections 3 and 4
        SCHEDULE 5 Allowance of Expenditure (other than Abortive Exploration Expenditure)
        SCHEDULE 6 Allowance of Expenditure (other than Abortive Exploration Expenditure) on Claim by Participator
        SCHEDULE 7 Allowance of Abortive Exploration Expenditure
        SCHEDULE 8 Allowance of Unrelievable Field Loss
        SCHEDULE 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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