Business Terms and Jargon Explained

What is Continental Shelf

Tax Definition:-

Sea area extending beyond UK territorial waters sub-divided and allocated to a number of Countries including certain European Union (EU) Member States.Areas designated to the UK are called the UK Continental Shelf.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2006-11-24 16:06:48

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