150ATemporary remittal of unpaid levy—holders of feasibility licences

150A Temporary remittal of unpaid levy—holders of feasibility licences

(1) This section is made for the purposes of subsection 190(2) of the Act. (2) The total amount of offshore electricity infrastructure levy payable in respect of a feasibility licence for a 12‑month period is remitted if: (a) that period began before the commencement of this section; and (b) the levy was not paid immediately before that commencement. (3) The total amount of offshore electricity infrastructure levy payable in respect of that licence for the next 12‑month period is remitted.

Note: See section 5 of the Offshore Electricity Infrastructure (Regulatory Levies) Regulations 2022 for the periods for which offshore electricity infrastructure levy must be paid by a person who is the holder of a feasibility licence.