Textual Amendments
F1S. 25 and cross-heading inserted (retrospective to 23.3.2006 with effect as mentioned in s. 13(10) of the amending Act) by Finance Act 2006 (c. 25), s. 13(8)(9)
25[F2(1)]A vehicle is an exempt vehicle if—U.K.
(a)it is a vehicle to which Part 1A of Schedule 1 applies, and
(b)the applicable CO2 emissions figure (as defined in paragraph 1A(3) and (4) of that Schedule) for the vehicle does not exceed 100 g/km.
[F3(2)A vehicle is an exempt vehicle for the appropriate period if—
(a)it is a vehicle to which Part 1A of Schedule 1 applies, and
(b)the applicable CO2 emissions figure (as defined in paragraph 1A(3) and (4) of that Schedule) exceeds 100g/km but does not exceed 130g/km.
(3)“The appropriate period” is the period for which (if the vehicle were not an exempt vehicle by virtue of sub-paragraph (2)) the first vehicle licence for the vehicle would (if taken out) have effect.]
[F4(4)A vehicle is an exempt vehicle if—
(a)it is a vehicle to which Part 1AA of Schedule 1 applies, and
(b)it has an applicable CO2 emissions figure (as defined in paragraph 1A(3) and (4) of that Schedule) of 0 g/km.
(5)But a vehicle is not an exempt vehicle by reason of sub-paragraph (4) if—
(a)its price exceeds £40,000, and
(b)less than six years have passed since it was first registered (whether under this Act or under the law of a country or territory outside the United Kingdom).
(6)Paragraph 1GF of Schedule 1 (calculating the price of a vehicle) applies for the purposes of sub-paragraph (5)(a).]]
Textual Amendments
F2Sch. 2 para. 25(1) renumbered (with effect in accordance with Sch. 4 para. 7(1) of the amending Act) by Finance Act 2009 (c. 10), Sch. 4 para. 6(1)
F3Sch. 2 para. 25(2)(3) inserted (with effect in accordance with Sch. 4 para. 7(1) of the amending Act) by Finance Act 2009 (c. 10), Sch. 4 para. 6(2)
F4Sch. 2 para. 25(4)-(6) inserted (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 46(3)(b)