Finance Act 2013

82Annual reportU.K.

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(1)For each financial year the Treasury must prepare a report containing the information in subsection (2).

(2)The information is—

(a)the number of decommissioning relief agreements entered into in that year,

(b)the total number of decommissioning relief agreements in force at the end of that year,

(c)the number of payments made under any decommissioning relief agreements during that year, and the amount of each payment,

(d)the total number of payments that have been made under any decommissioning relief agreements as at the end of that year, and the total amount of those payments, and

(e)an estimate of the maximum amount liable to be paid under any decommissioning relief agreements.

(3)The report for a financial year must be laid before the House of Commons as soon as is reasonably practicable after the end of that year.

(4)In this section “decommissioning relief agreement” has the same meaning as in section 80.

(5)This section has effect in relation to financial years ending on or after 31 March 2014.