CTHIn ForceAct
Petroleum Revenue Act 1985
8Repayments
Start here
Get a plain-English read of 8
Turn the raw legal text into a practical explanation grounded in Petroleum Revenue Act 1985.
8 Repayments
(1) Where, because of this Act, any amounts paid by way of duties of Excise are repayable to a person, interest on those amounts is not payable to that person. (2) Subsection (1) shall not be taken to imply that: (a) but for that subsection, interest would have been payable on the amounts referred to in that subsection; or (b) interest is payable on any other amounts paid by way of duties of Excise and repayable to a person.