OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order amends the Capital Allowances (Environmentally Beneficial Plant and Machinery) Order 2003 (S.I. 2003/2076, as amended). That Order implemented legislation, inserted into the Capital Allowances Act 2991 (c. 2) by paragraph 3 of Schedule 30 to the Finance Act 2003 (c. 14) so as to introduce a scheme for 100% first-year allowances to encourage businesses to invest in environmentally beneficial plant and machinery.

Article 1 provides for citation and commencement.

Article 2 substitutes new definitions of “the Water Technology Criteria List” and “the Water Technology Product list”. These Lists can be found on the Internet at www.eca-water.gov.uk.

Article 3 adds two technology classes to the Water Technology Product list, namely efficient washing machines and small scale slurry and sludge dewatering equipment.