{
  "url": "https://openlegislation.uk/policyholders-protection-act-1975-repealed/schedule-3/paragraph-2",
  "json_url": "https://openlegislation.uk/policyholders-protection-act-1975-repealed/schedule-3/paragraph-2.json",
  "legislation": "ukpga/1975/75",
  "legislation_title": "Policyholders Protection Act 1975 (repealed)",
  "legislation_url": "https://openlegislation.uk/policyholders-protection-act-1975-repealed",
  "path": "schedule/3/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) The amounts required to be paid by any company under general business levies imposed by the Board in any financial year shall not exceed one per cent. of any income of the company for the year ending last before the beginning of that financial year which is income liable to the general business levy.\n(2) The amounts required to be paid by any company under long term business levies imposed by the Board in any financial year shall not exceed one per cent. of any income of the company for the year ending last before the beginning of that financial year which is income liable to the long term business levy.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1975/75/schedule/3/paragraph/2",
    "retrieved_at": "2026-10-29T10:35:29.949042+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."
}