45E Expenditure on plant or machinery for gas refuelling station

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 2008,

b

it is expenditure on plant or machinery for a gas refuelling station where the plant or machinery is unused and not second-hand, and

c

it is not excluded by section 46 (general exclusions).

2

For the purposes of this section expenditure on plant or machinery for a gas refuelling station is expenditure on plant or machinery installed at a gas refuelling station for use solely for or in connection with refuelling vehicles with natural gas or hydrogen fuel.

3

For the purposes of subsection (2) the plant or machinery which is for use for or in connection with refuelling vehicles with natural gas or hydrogen fuel includes—

a

any storage tank for natural gas or hydrogen fuel,

b

any compressor, pump, control or meter used for or in connection with refuelling vehicles with natural gas or hydrogen fuel, and

c

any equipment for dispensing natural gas or hydrogen fuel to the fuel tank of a vehicle.

4

For the purposes of this section—

• “gas refuelling station” means any premises, or that part of any premises, where vehicles are refuelled with natural gas or hydrogen fuel;

• “hydrogen fuel” means a fuel consisting of gaseous or cryogenic liquid hydrogen which is used for propelling vehicles;

• “vehicle” means a mechanically propelled road vehicle.