# Energy (Oil and Gas) Profits Levy Act 2022, Paragraph 16: Meaning of “company” and “group”

Extent: E+W+S+N.I.

For the purposes of this Part of this Schedule, two companies are part of the same group if—
(a) one is the 75% subsidiary of the other, or
(b) both are 75% subsidiaries of a third company.

---
Source: https://www.legislation.gov.uk/ukpga/2022/40/schedule/1/paragraph/16 (the official version)
Page: https://openlegislation.uk/energy-oil-and-gas-profits-levy-act-2022/schedule-1/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.