{
  "url": "https://openlegislation.uk/draft-bank-levy-double-taxation-relief-single-resolution-fund-levy-regulations-2016/regulation-14",
  "json_url": "https://openlegislation.uk/draft-bank-levy-double-taxation-relief-single-resolution-fund-levy-regulations-2016/regulation-14.json",
  "legislation": "ukdsi/2016/9780111151358",
  "legislation_title": "The Bank Levy (Double Taxation Relief) (Single Resolution Fund Levy) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/draft-bank-levy-double-taxation-relief-single-resolution-fund-levy-regulations-2016",
  "path": "regulation/14",
  "kind": "regulation",
  "number": "14",
  "heading": "Reduction in credit: payment by reference to SRF levy",
  "text": "(1) Paragraph (2) applies if—\n(a) credit against the bank levy is allowed to an entity under these Regulations, and\n(b) a payment is made by a tax authority to that entity, or to any other person, by reference to the SRF levy.\n(2) The amount of the credit must be recalculated by repeating steps 3 and 4 in regulation 6, reducing the amount of the SRF levy by reference to the payment referred to in paragraph (1)(b).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2016/9780111151358/regulation/14",
    "retrieved_at": "2026-10-30T15:07:31.708809+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."
}