# The Building Safety Levy (England) Regulations 2025, Regulation 70: Reimbursement by the Secretary of State


(1) This regulation applies if a collecting authority’s levy balance is a negative amount for the financial quarter ending on the last day of March in any year.
(2) The Secretary of State must make a payment to the collecting authority of an amount equal to the amount of the deficit.
(3) For the purposes of Step 3 in regulation 69(2), the levy balance for that financial quarter is treated as being nil.

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Source: https://www.legislation.gov.uk/ukdsi/2025/9780348273779/regulation/70 (the official version)
Page: https://openlegislation.uk/draft-building-safety-levy-england-regulations-2025/regulation-70
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.