{
  "url": "https://openlegislation.uk/oil-and-gas-authority-levy-and-fees-regulations-2024/regulation-5",
  "json_url": "https://openlegislation.uk/oil-and-gas-authority-levy-and-fees-regulations-2024/regulation-5.json",
  "legislation": "uksi/2024/241",
  "legislation_title": "The Oil and Gas Authority (Levy and Fees) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/oil-and-gas-authority-levy-and-fees-regulations-2024",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Calculation of production levy and non-production levy",
  "text": "(1) The OGA must calculate the production levy in accordance with the formula—\nC × 0.89 P\n(2) The OGA must calculate the non-production levy in accordance with the formula—\nC × 0.11 N 100 + N 90 × 0.1 + N 80 × 0.2\n(3) In this regulation—\n“C” is £38,465,000 (being the total amount of levy);\n“N100” is the total number of licences in respect of which a licensee is liable to pay the non-production levy under regulation 4(1) and in respect of which neither regulation 4(2) nor regulation 4(3) applies\n“N90” is the total number of licences in respect of which a licensee is liable to pay the non-production levy discounted by 90% under regulation 4(3);\n“N80” is the total number of licences in respect of which a licensee is liable to pay the non-production levy discounted by 80% under regulation 4(2);\n“P” is the total number of offshore production licences in respect of which a licensee is liable to pay the production levy under regulation 3(1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "“OGA” is defined in section 1(4) of the Energy Act 2016 as the Oil and Gas Authority."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/241/regulation/5",
    "retrieved_at": "2026-10-28T21:33:59.347875+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}