{
  "url": "https://openlegislation.uk/draft-bank-levy-double-taxation-relief-single-resolution-fund-levy-regulations-2016/regulation-4",
  "json_url": "https://openlegislation.uk/draft-bank-levy-double-taxation-relief-single-resolution-fund-levy-regulations-2016/regulation-4.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/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Double taxation relief",
  "text": "(1) Subject to the provisions of these Regulations, an amount of the SRF levy paid in relation to a chargeable period in respect of which the SRF levy is calculated is allowed as a credit to reduce the amount of the bank levy arising in that period.\n(2) The credit under this regulation requires a claim in accordance with regulations 9 and 10.\n(3) The amount of the credit allowed against the bank levy arising in a chargeable period must not exceed the lower of—\n(a) the amount of the bank levy for that period, and\n(b) the amount determined under—\n(i) regulation 5 in cases where condition 1 in regulation 3 is met, and\n(ii) regulation 6 in cases where condition 2 in regulation 3 is met.",
  "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/4",
    "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."
}