Capital Allowances Act 2001

45D Expenditure on cars with low carbon dioxide emissions U.K.

(1) Expenditure is first-year qualifying expenditure if—

(a) it is incurred in the period beginning with 17th April 2002 and ending with 31st March [F1 2015],

(b) it is expenditure on a car which is first registered on or after 17th April 2002 and which is unused and not second-hand,

[F2 (c) the car—

(i) is electrically-propelled, or

(ii) has low CO₂ emissions, and]

(d) the expenditure is not excluded by section 46 (general exclusions).

[F3 (1A) The Treasury may by order amend subsection (1)(a) so as to extend the period specified.]

(2) For the purposes of this section [F4 a car has low CO₂ emissions if it] satisfies the conditions in subsections (3) and (4).

(3) The first condition is that, when the car is first registered, it is so registered on the basis of [F5 a qualifying emissions certificate.]

(4) The second condition is that the applicable CO ₂ emissions figure [F6 in relation to] the car does not exceed [F7 95] grams per kilometre driven.

F8 (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8 (6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(7) The Treasury may by order amend the amount from time to time specified in subsection (4).

(8) In this section any reference to a car [F9 is to a car within the meaning of section 268A, except that it]—

(a) includes a reference to a mechanically propelled road vehicle of a type commonly used as a hackney carriage, F10 ...

F10 (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11 (9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11 (10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F12 (11) In this section—

• “applicable CO₂ emissions figure” and “qualifying emissions certificate” have the meanings given in section 268C;

• “electrically-propelled” has the meaning given in section 268B.]

Textual Amendments

F1 Word in s. 45D(1)(a) substituted (17.7.2013) by Finance Act 2013 (c. 29), s. 68(1)(a)

F2 S. 45D(1)(c) substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 14(2) (with Sch. 11 paras. 30-32)

F3 S. 45D(1A) inserted (17.7.2014) by Finance Act 2014 (c. 26), s. 64(2)

F4 Words in s. 45D(2) substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 14(3) (with Sch. 11 paras. 30-32)

F5 Words in s. 45D(3) substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 14(4) (with Sch. 11 paras. 30-32)

F6 Words in s. 45D(4) substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 14(5) (with Sch. 11 paras. 30-32)

F7 Word in s. 45D(4) substituted (with effect in accordance with s. 68(5)(7)(8) of the amending Act) by Finance Act 2013 (c. 29), s. 68(1)(b)

F8 S. 45D(5)(6) omitted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 11 para. 14(6) (with Sch. 11 paras. 30-32)

F9 Words in s. 45D(8) inserted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 14(7)(a) (with Sch. 11 paras. 30-32)

F10 S. 45D(8)(b) and preceding word omitted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 11 para. 14(7)(b) (with Sch. 11 paras. 30-32)

F11 S. 45D(9)(10) omitted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 11 para. 14(8) (with Sch. 11 paras. 30-32)

F12 S. 45D(11) inserted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 14(9) (with Sch. 11 paras. 30-32)