{
  "url": "https://openlegislation.uk/bank-levy-double-taxation-relief-regulations-2012/regulation-4",
  "json_url": "https://openlegislation.uk/bank-levy-double-taxation-relief-regulations-2012/regulation-4.json",
  "legislation": "uksi/2012/458",
  "legislation_title": "The Bank Levy (Double Taxation Relief) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/bank-levy-double-taxation-relief-regulations-2012",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Double taxation relief",
  "text": "(1) Where these Regulations apply, an amount of the equivalent foreign levy paid is allowed as a credit against the bank levy for a chargeable period (see regulation 5).\n(2) Subject to the provisions of these Regulations, the amount of the bank levy for the chargeable period is reduced by the amount of the credit.\n(3) But the amount of the bank levy shall not be reduced to below nil.\n(4) The credit under paragraph (2) requires a claim.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/458/regulation/4",
    "retrieved_at": "2026-10-29T01:40:53.756794+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}