The Energy (Oil and Gas) Profits Levy Act 2022 received Royal Assent on Thursday 14 July 2022. Following its introduction on 5 July 2022, the Bill made rapid progress through Parliament, passing key stages as follows:
Committee stage: 11 July without amendment.
House of Lords stages: 13 July (being a ‘money Bill’, the Lords did not have the power to make amendments).
The Energy (Oil and Gas) Profits Levy Act 2022 received Royal Assent on Thursday 14 July 2022. Following its introduction on 5 July 2022, the Bill made rapid progress through Parliament, passing key stages as follows:
Committee stage: 11 July without amendment.
House of Lords stages: 13 July (being a ‘money Bill’, the Lords did not have the power to make amendments).
