Finance Act 2004

289Supplies to producers of commoditiesU.K.

(1)Schedule 6 to the Finance Act 2000 (c. 17) (climate change levy) is amended as set out in subsections (2) to (5).

(2)In paragraph 13 (exemption for supplies to producers of commodities), in paragraph (b), after sub-paragraph (ii) insert—

(iia)in producing biodiesel for chargeable use within the meaning of section 6AA of the Hydrocarbon Oil Duties Act 1979 (excise duty on biodiesel),

(iib)in producing bioblend for delivery for home use from any place mentioned in section 6AB(1)(b) of that Act (excise duty on bioblend),

(iic)in producing bioethanol for chargeable use within the meaning of section 6AD of that Act (excise duty on bioethanol),

(iid)in producing bioethanol blend for delivery for home use from any place mentioned in section 6AE(1)(b) of that Act (excise duty on bioethanol blend),.

(3)In paragraph 13(b)(iii), for “liquids that are not hydrocarbon oil” substitute “ liquids (within the meaning of that section) in respect of which a charge is capable of arising under that section ”.

(4)In paragraph 13, for the words from “For this purpose” to the end substitute— “ Expressions which are used in this paragraph and the Hydrocarbon Oil Duties Act 1979 have the same meaning in this paragraph as they have in that Act. ”

(5)After paragraph 13 insert—

13A(1)The Commissioners may by regulations make provision amending paragraph 13 for the purpose of—

(a)extending the circumstances in which a supply of a taxable commodity is exempt from the levy, or

(b)restricting the circumstances in which a supply of a taxable commodity is exempt from the levy.

(2)Regulations under this paragraph that include provision made for the purpose mentioned in sub-paragraph (1)(a) may provide for the provision to have retrospective effect.

(3)A statutory instrument that contains (whether alone or with other provisions) regulations under this paragraph made for the purpose mentioned in sub-paragraph (1)(b) shall not be made unless a draft of the instrument has been laid before Parliament and approved by a resolution of the House of Commons.

(6)The amendments made by subsections (2) to (4) have effect—

(a)as regards biodiesel and bioblend, in relation to supplies made on or after the day on which this Act is passed;

(b)as regards bioethanol and bioethanol blend, in relation to supplies made on or after 1st January 2005.