SCHEDULES

SCHEDULE 5U.K. Landfill Tax

Modifications etc. (not altering text)

Part VIIU.K. Miscellaneous

Adjustment of contractsU.K.

45(1)This paragraph applies where—U.K.

(a)material undergoes a landfill disposal,

(b)a payment falls to be made under a disposal contract relating to the material, and

(c)after the making of the contract there is a change in the tax chargeable on the landfill disposal.

(2)In such a case the amount of any payment mentioned in sub-paragraph (1)(b) above shall be adjusted, unless the disposal contract otherwise provides, so as to reflect the tax chargeable on the landfill disposal.

(3)For the purposes of this paragraph a disposal contract relating to material is a contract providing for the disposal of the material, and it is immaterial—

(a)when the contract was made;

(b)whether the contract also provides for other matters;

(c)whether the contract provides for a method of disposal and (if it does) what method it provides for.

(4)The reference in sub-paragraph (1) above to a change in the tax chargeable is a reference to a change—

(a)to or from no tax being chargeable, or

(b)in the amount of tax chargeable.