# Energy (Oil and Gas) Profits Levy Act 2022, Paragraph 7: Introduction

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

In this Part of this Schedule, in relation to a qualifying levy loss that a company has for an accounting period—
“surrender period” means a qualifying accounting period for which the surrendering company has the loss, and
“surrenderable amounts” means a qualifying levy loss so far as eligible for surrender under this Part of this Schedule.

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Source: https://www.legislation.gov.uk/ukpga/2022/40/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/energy-oil-and-gas-profits-levy-act-2022/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.