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Legislation
Finance (No. 2) Act 2023

Crossheading Supplemental

  • Section 307 Application of Part 5 of CTA 2010 for the purposes of determining interests
  • Section 308 Anti-avoidance
  • Section 309 Information sharing
  • Section 310 Interaction of electricity generator levy with corporation tax
  • Section 311 Regulations under this Part
  • Section 311A Meaning of “qualifying new generating plant”
  • Section 312 Minor definitions relating to electricity market
  • Section 313 Definitions in this Part
  1. Supplemental
  2. Regulations under this Part

Section 311 | Regulations under this Part

From legislation.gov.uk

(1)Regulations under this Part are to be made by statutory instrument.

(2)Regulations under this Part may—

(a)make provision having retrospective effect, provided any such provision does not have the effect of increasing the amount of the electricity generator levy any generating undertaking is liable to;

(b)make different provision for different purposes;

(c)make supplementary, incidental and consequential provision;

(d)make transitional or transitory provision and savings.

(3)A statutory instrument containing regulations under this Part is subject to annulment in pursuance of a resolution of the House of Commons.

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