SCHEDULES

SCHEDULE 6 Climate change levy

Part IX Civil penalties

Supplemental provisions about interest

110

(1)

Interest under paragraph 109 shall be paid without any deduction of income tax.

(2)

Sub-paragraph (3) applies where—

(a)

an amount carries interest under paragraph 109 (or would do so apart from that sub-paragraph); and

(b)

all or part of the amount turns out not to be due.

(3)

In such a case—

(a)

the amount or part that turns out not to be due shall not carry interest under paragraph 109 and shall be treated as never having done so; and

(b)

all such adjustments as are reasonable shall be made, including (subject to paragraphs 64 to 76) adjustments by way of repayment.