# Energy (Oil and Gas) Profits Levy Act 2022, Paragraph 8: Surrender of company’s losses for an accounting period

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

If—
(a) a surrendering company has a qualifying levy loss for a surrender period, and
(b) the company is part of a group,
the surrendering company may surrender the loss.

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Source: https://www.legislation.gov.uk/ukpga/2022/40/schedule/1/paragraph/8 (the official version)
Page: https://openlegislation.uk/energy-oil-and-gas-profits-levy-act-2022/schedule-1/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.