C1Part III Landfill Tax
Annotations:
Modifications etc. (not altering text)
The basic provisions
42 Amount of tax.
1
The amount of tax charged on a taxable disposal shall be found by taking—
a
F1£12 for each whole tonne disposed of and a proportionately reduced sum for any additional part of a tonne, or
b
a proportionately reduced sum if less than a tonne is disposed of.
2
Where the material disposed of consists entirely of qualifying material this section applies as if the reference to F1£12 were to £2.
3
Qualifying material is material for the time being listed for the purposes of this section in an order.
4
The Treasury must have regard to the object of securing that material is listed if it is of a kind commonly described as inactive or inert.
Pt. III (ss. 39-71 applied (29.4.1996) by 1986 c. 45, Sch. 6 paras. 3B, 8B (as inserted (29.4.1996) by 1996 c. 8, s. 60, Sch. 5 Pt. III para. 12)
Pt. III (ss. 39-71) applied (31.7.1998) by 1998 c. 36, s. 148(4)