166 Transfers of interests in oil fields: anti-avoidance
Capital Allowances Act 2001 (2001 c 2) | Legislation

Transfers of interests in oil fields: anti-avoidance

166  Transfers of interests in oil fields: anti-avoidance

(1)     This section applies if—

(a)     there is, for the purposes of Schedule 17 to FA 1980, a transfer by a participator in an oil field of the whole or part of his interest in the field, and

(b)     as part of the transfer,

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