UK Statutory Instrument SI 2016/1212 United Kingdom

The Bank Levy (Double Taxation Relief) (Single Resolution Fund Levy) Regulations 2016

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person1 Director or Officer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts
Director or Officer — also bound by 429 other Acts
Companies Act 2006 126 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.015 Priority of credits Regulated
  • Order your double taxation relief credits for the bank levy in the correct sequenceDirector or Officer
s.017 Notice that adjustment has rendered credit excessive Regulated
  • Notify HMRC if bank levy credit becomes excessiveAny Person
15 other provisions — procedural and definitional
s.001 Citation, commencement and effect
s.002 Specified equivalent foreign levy
s.003 Application of these Regulations
s.004 Double taxation relief
s.005 Calculation of the maximum credit: UK banking group, UK sub-group or UK banking sub-group
s.006 Calculation of the maximum credit: relevant foreign bank
s.007 Determining assets and UK assets
s.008 Exchange rates
s.009 General time limit for making a claim
s.010 Relevant groups: responsible member to make claim
s.011 Limits on credit in cases where regulation 6 applies
s.012 Restriction of credit
s.013 (1) Where— (a) there is double taxation in relation to...
s.014 Reduction in credit: payment by reference to SRF levy
s.016 Consequences of adjustment of the bank levy or SRF levy

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.