{
  "url": "https://openlegislation.uk/oil-and-gas-authority-levy-regulations-2016/regulation-7",
  "json_url": "https://openlegislation.uk/oil-and-gas-authority-levy-regulations-2016/regulation-7.json",
  "legislation": "uksi/2016/318",
  "legislation_title": "The Oil and Gas Authority (Levy) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/oil-and-gas-authority-levy-regulations-2016",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Repayment or credit of the levy",
  "text": "(1) This regulation applies where the total amount of the levy to be paid by virtue of the 2015 Regulations in respect of the period beginning on 1st October 2015 and ending on 31st March 2016 exceeds the costs incurred by the Secretary of State in exercising the relevant functions referred to in section 42(3)(a) of the Infrastructure Act 2015 in respect of that period.\n(2) Where this regulation applies, the Secretary of State must divide those costs by the total amount of the levy to be paid to 3 decimal places to give the relevant multiplier.\n(3) The Secretary of State must then adjust the levy payable by a relevant person under regulation 3 of the 2015 Regulations (“the original levy”) by multiplying the amount of that original levy by the relevant multiplier to give the new levy figure payable by that person (“the new levy”).\n(4) The new levy is to be substituted for the original levy in any notification given, or to be given, under regulation 5 of the 2015 Regulations, and regulation 6 of the 2015 Regulations is to be construed accordingly.\n(5) If a relevant person to whom a notification has been given under regulation 5 of the 2015 Regulations has paid more than the new levy—\n(a) where that person is liable to pay a levy under regulation 3 of these Regulations, the Secretary of State must either reduce the amount of that liability by the difference between the new levy and the amount actually paid or pay the difference to the person;\n(b) in all other cases, the Secretary of State must pay the difference to the person.\n(6) In this regulation—\n“the 2015 Regulations” means the Oil and Gas Authority (Levy) Regulations 2015;\n“relevant person” means a person who, in respect of the period beginning on 1st October 2015 and ending on 31st March 2016, is liable to pay a levy under regulation 3 of the 2015 Regulations (and includes a person who has discharged that liability in whole or in part).",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 7 in force at 1.4.2016, see reg. 1"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "2015 c. 7."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 2015/1661."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2016/318/regulation/7",
    "retrieved_at": "2026-10-28T23:25:57.499550+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."
}