Jurisdiction(s):
United Kingdom

Key definition

Levy definition

What does Levy mean? Levy describes a compulsory charge or collection imposed under statute by a public authority or scheme, or the act of enforcing a judgment by taking control of assets (levy of execution). It is a descriptive term used across legal contexts; individual levies are defined in their own legislation. Pensions (updating the existing usage): In the UK, occupational pension schemes pay annual statutory levies, including the General Levy (funding The Pensions Regulator, the Pensions Ombudsman and the Money and Pensions Service), the Pension Protection Fund (PPF) levy on eligible defined benefit schemes (scheme-based and risk-based under the Pensions Act 2004), and the...

Angola FDI and Private Investment: AIPEX Registration, Tax Benefits Code Incentives, Procedures and Merger Control

Published by a LexisNexis Competition expert

Practice notes

1. What is the applicable legislation?

Private investment in Angola, whether treated as FDI or otherwise, is governed by Law No. 10/18 of 26 June 2018, as updated by Law No. 10/21 of 22 April 2021, which adopted the Private Investment Law (PIL). In parallel, Presidential Decree No. 250/18 of 30 October 2018, as amended by Presidential Decree No. 271/21 of 11 June 2021, gives effect to the PIL and sets out the procedures for registering a Private Investment Project. One should also note the Tax Benefits Code, enacted by Law No. 8/22 of 14 April 2022, which defines the tax incentives and benefits available to private investment projects.

2. Which government or other body (or bodies) reviews foreign Investments?

The Agency for Private Investment and for the Promotion of Exports (AIPEX), created by Presidential Decree No. 81/18 of 19 March 2018, is the autonomous public authority, with administrative, financial and patrimonial independence, entrusted with reviewing foreign investments in Angola.

3. What is the scope of the foreign investment regime? Does it only apply to specific sectors or types of Investors (eg...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Web page updated on 28/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...