Part 5Electricity generator levy
Management and administration
305Claims to shortfall amounts
1
Part 8 of Schedule 18 to FA 1998 applies to a claim to a shortfall amount under section 299 as it applies to a claim for group relief under Part 5 of CTA 2010.
2
That Part has effect for the purposes of a claim to a shortfall amount as if—
a
references to “relief” were to the relief from electricity generator levy given by claiming a shortfall amount,
b
references to “accounting period” were to “qualifying period”, except where the context otherwise requires (for example, in references to the company tax return for the accounting period),
c
references to “company” (apart from in “company tax return”) were to “generating undertaking” (and if the context requires in the case of a generating undertaking that is a group, references were to the lead member of the group),
d
in paragraph 68, sub-paragraphs (3) to (8) were omitted,
e
in paragraph 69(3), in the first step, “under Part 5 or (as the case may be ) Part 5A of the Corporation Tax Act 2010” were omitted,
f
in paragraph 70—
i
in sub-paragraph (1), for “Requirement 1 in section 130(2), 135(2), 188CB(3) or (as the case may be) 188CC(3) of the Corporation Tax Act 2010” there were substituted “section 299(9)(a) of the Finance (No. 2) Act 2023”
, and
ii
sub-paragraphs (2), (5) and (6) were omitted,
g
in paragraph 71—
i
in sub-paragraph (1), for paragraph (e) there were substituted—
e
the overlap period to which the shortfall amount relates.
ii
sub-paragraph (1A) were omitted,
h
paragraphs 71A, 72, 75A, 77 and 77A were omitted, and
i
such other modifications as are necessary were made.