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Energy (Oil and Gas) Profits Levy Act 2022

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Energy (Oil and Gas) Profits Levy Act 2022

2022 CHAPTER 40

An Act to make provision for, and in connection with, imposing a charge on ring fence profits of companies.

[14th July 2022]

Most Gracious Sovereign

We, Your Majesty’s most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty’s public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and to grant unto Your Majesty the tax hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

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C1Act applied (10.1.2023) by Finance Act 2023 (c. 1), s. 1(3)(a)

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