# Finance Act 2011, Paragraph 15A


(1) This paragraph applies if the bank levy is charged as provided for by paragraph 5 (entities which are not members of groups).
(2) The amount of the chargeable equity and liabilities of the relevant entity is—
(a) in the case of a UK resident bank or building society, the amount of the UK-based equity and liabilities of the entity, as at the end of the chargeable period, or
(b) in the case of a relevant foreign bank, the amount of the UK allocated equity and liabilities of that bank as at the end of the chargeable period (see paragraph 24).

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/19/paragraph/15A (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-19/paragraph-15A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.