Skip to content
Solved
SearchBrowse
Sign in

Contents

Official guidance
Bank Levy Manual

BKLM354000 · Chargeable equity and liabilities: netting: the entity and the counterparty

  • BKLM354100 · UK banking groups or building society groups
  • BKLM354200 · Foreign banking groups
  • BKLM354300 · Relevant non-banking groups
  • BKLM354400 · UK resident banks and building societies which are not members of groups
  1. Chargeable equity and liabilities: netting: the entity and the counterparty: contents
  2. Chargeable equity and liabilities: netting: the entity and the counterparty: UK banking groups or building society groups

BKLM354100 | Chargeable equity and liabilities: netting: the entity and the counterparty: UK banking groups or building society groups

From HM Revenue & Customs · Bank Levy Manual

Paragraph 16 of Schedule 19

For UK banking or building society groups, for the purposes of the netting calculation the ‘entity’ is a member of the relevant group and the ‘counterparty’ is an entity which is not a member of the relevant group.

Next
PrivacyTerms