Regulation 4 Amendment

For regulation 3 substitute—

“Unconditional exemption from registration

3.

A person is exempt from registration where that person on or after 1st November 2016—

(a)
subjects to commercial exploitation a quantity of aggregate that is exempt under section 17^f1 of the Act^f2 by virtue of—

(i)
paragraph (b), (c), (d) or (da) of section 17(3);

(ii)
paragraph (c), (d) or (e) of section 17(4); or

(iii)
paragraph (f) of section 17(4) other than clay; and

(b)
does not subject to commercial exploitation a quantity of any other aggregate.”.

Annotations

Footnotes

f1: Section 17 of the Finance Act 2001 has been amended by sections 130 to 131 of, and Schedules 38 and 40 to, the Finance Act 2002 (c. 23), section 22 of, and Schedule 27 to, the Finance Act 2007 (c. 11) and section 48 of the Finance (No. 2) Act 2015 (c. 33). Amendments made by section 94 of the Finance Act 2014 (c. 26) were repealed by section 48 of the Finance (No. 2) Act 2015 as if they had never been made.
f2: Regulation 22(1) of S.I. 2001/4027 provides that references to “the Act” in those Regulations are, except where the context requires otherwise, to sections 16 to 49 of, and Schedules 4 to 10 to, the Finance Act 2001 and any reference to a section of, a Schedule to or a paragraph of a Schedule to the Act refers to the appropriate section of, Schedule to or paragraph of a Schedule to that Act.