26 Capital Gains (Oil Industry Assets Etc) Resolved, That provision may be made for the purpose of capital gains tax and corporation tax on chargeable gains— (a) excluding from an election under section 96(5) of the Finance Act 1988 certain shares deriving value, directly or indirectly, from certain assets and rights associated with oil exploration or exploitation; and(b) limiting or extinguishing the amount of the losses on certain disposals of, or of interests in, such shares and other assets associated with the oil industry.