Finance Act 2002

125 Climate change levy: exemption for renewable sourcesU.K.

(1)In Schedule 6 to the Finance Act 2000 (c. 17) (climate change levy), in paragraph 20(7), (exemption under paragraph 19: liability to account)—

(a)for the words from “(2)(c)” to “2 years)” substitute “ (2)(g) ”,

(b)after paragraph (a) insert “and”, and

(c)omit paragraph (c) and the preceding “and”.

(2)This section has effect in relation to averaging periods under paragraph 20 of that Schedule which end on or after the day on which this Act is passed.