SCHEDULES
SCHEDULE 42Climate change levy: supplies subject to carbon price support rates etc
PART 2New provision having effect from 1 April 2013
New provision
6
1
Paragraph 14 (exemption for supplies to electricity producers) is amended as follows.
2
In sub-paragraphs (2)(b) and (3)(b) after “electricity” insert “
in a small generating station
”
.
3
After sub-paragraph (3) insert—
3ZA
Sub-paragraph (1) does not exempt a supply where the person to whom the supply is made—
a
uses the commodity supplied in producing electricity in a stand-by generator, and
b
uses the electricity produced otherwise than in exemption-retaining ways.
4
After sub-paragraph (3A) insert—
3B
Paragraph 24A makes provision under which carbon price support rate commodities intended to be used in a generating station may be the subject of a deemed taxable supply (and, accordingly, this paragraph needs to be read subject to that paragraph).
5
Omit sub-paragraphs (4) and (5).