What does section 19 of the Energy (Oil and Gas) Profits Levy Act 2022 do?

Section 19 is a standard closing provision that establishes the official short title of the legislation. It confirms that the Act may be cited as the Energy (Oil and Gas) Profits Levy Act 2022 in all legal, regulatory and professional documentation throughout the United Kingdom.

What is the official short title of the UK energy profits levy legislation?

The official short title is the Energy (Oil and Gas) Profits Levy Act 2022. This is the formal citation name used in tax returns, HMRC guidance, professional correspondence and other legislation. It is commonly abbreviated as the EOGPL Act 2022 or the Energy Profits Levy Act.

When did the short title of the Energy (Oil and Gas) Profits Levy Act 2022 take effect?

The short title provision took effect when the Act received Royal Assent. From that date, the legislation could be formally cited as the Energy (Oil and Gas) Profits Levy Act 2022, covering all provisions including the 25 per cent energy profits levy charge and investment expenditure allowances.

What provisions fall under the Energy (Oil and Gas) Profits Levy Act 2022 short title?

All provisions within the Act fall under this single short title, including the 25 per cent energy profits levy charge, the investment expenditure allowance, and associated administrative and commencement rules. Oil and gas companies reference this Act when calculating and reporting their energy profits levy liability.

Energy (Oil and Gas) Profits Levy Act 2022 section 19

Short title

Section 19 establishes the official citation name by which this legislation is formally known and referenced.

The Act's formal citation name is the Energy (Oil and Gas) Profits Levy Act 2022.
This short title is the name used when referring to the Act in legal, regulatory and professional contexts.
The short title took effect upon the Act receiving Royal Assent.
All provisions within the Act, including the energy profits levy and associated investment allowances, fall under this single piece of legislation.

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