EXPLANATORY NOTE
(This note is not part of the Regulations)
Supplies of solid fuel(1) valued at no more than £15 per tonne(2) become subject to climate change levy, starting on 1 January 2010.
Such fuel was previously not subject to the levy because of the Climate Change Levy (Solid Fuel) Regulations 2001 (S.I. 2001/1137), which this instrument revokes.
A full and final Impact Assessment has not been produced for this instrument as a negligible impact on the private or voluntary sectors is foreseen.
(1)
Coal and lignite; coke, and semi-coke, of coal or lignite; petroleum coke – see regulation 2(2) of S.I. 2001/1137.
(2)
On the basis of its open market value – see regulations 2(1)(b) and 2(2) of S.I. 2001/1137.