Part 2 Taxable Supplies On or After 1 April 2012 for Use in Recycling Processes
Finance Act 2012 (2012 c 14) | Legislation

Part 2 Taxable Supplies On or After 1 April 2012 for Use in Recycling Processes

2

Schedule 6 to FA 2000 (climate change levy) is amended as follows.

3

In paragraph 4(2)(b) (definition of taxable supply) for “45A†substitute “43Bâ€.

4

In paragraph 5(3) (taxable supplies: deemed supplies of electricity) for “45A†substitute “43Bâ€.

5

In paragraph 6(2A) (taxable supplies: deemed supplies of gas) for “45A†substitute “43Bâ€.

6

In paragraph 14(3A)(a) (use of electricity in an “exemption-retaining†way) for “, 18 and 18A†substitute “and 18â€.

7

Omit paragraph 18A (exemption: supply for use in recycling processes).

8

In paragraph 34 (time of supply of commodities other than gas and electricity: deemed supplies)—

(a)     in sub-paragraph (1)(b), for “45A†substitute “43Bâ€, and

(b)     in sub-paragraph (4), for “45A†substitute “43Bâ€.

9

In paragraph 39(1)(c) (regulations as to time of supply) for “45A†substitute “43Bâ€.

10

In paragraph 42 (amount payable by way of levy)—

(a)     in sub-paragraph (1)—

(i)     in paragraph (a) after “supply†(in the second place it occurs) insert “or a supply for use in scrap metal recyclingâ€,

(ii)     in paragraph (c) for “were not a reduced-rate

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