Finance Act 2003

189 CHP exemption to be based on current efficiency

(1) Schedule 6 to the Finance Act 2000 (c. 17) (climate change levy) is amended as follows.

(2) In paragraph 15 (exemption for supplies to combined heat and power stations)—

(a) for paragraph (b) of sub-paragraph (4) substitute—

“(b) the “efficiency percentage” for a combined heat and power station shall be determined in accordance with regulations under paragraph 149.”;

(b) omit sub-paragraph (5).

(3) In paragraph 148 (meaning of “combined heat and power station” etc)—

(a) in sub-paragraphs (2)(c) and (3)(c), for “complying with sub-paragraph (6) and (so far as applicable)” substitute “complying (so far as applicable) with”;

(b) omit sub-paragraph (6) (efficiency percentage to be stated on certificate of full or partial exemption).

(4) In paragraph 149(1) (determination of efficiency percentages for combined heat and power stations) omit “the percentage that is to be stated in a certificate under paragraph 148 as”.

(5) This section has effect in relation to supplies made on or after such day as the Treasury may by order made by statutory instrument appoint.