asked the Chancellor of the Exchequer how many oil companies have applied for a waiver or refund on the amount of corporation tax they pay; how many have been granted; and what is the estimated cash value of such waivers or refunds.

[pursuant to his reply, 4 December 1980]: There are no provisions in the corporation tax legislation akin to the royalty refund provisions of the Petroleum and Submarine Pipelines Act 1975.