Explanatory note

These Regulations, which come into force on 1st April 2012, amend the Climate Change Levy (General) Regulations 2001 (“the General Regulations”) to take account of the removal of the exemption from climate change levy (CCL) provided for in paragraph 18A(1) of Schedule 6 to the Finance Act 2000 (“the Act”) (exemption if commodity supplied for use in a recycling process for which there is a relevant competing process) and the introduction of a lower rate of CCL for such supplies (“recycling lower-rate supplies”).

They amend provisions in the General Regulations about record keeping, tax credits and the delivery of supplier certificates to cover recycling lower-rate supplies. They also amend the CCL relief formula in Schedule 1 to the General Regulations to include such supplies and make other consequential amendments. They also correct the time limit described in paragraph 9(5) of that Schedule so that it corresponds with the time limit in paragraph 64 of Schedule 6 to the Act (as amended by the Finance Act 2009 (c.10)).

A Tax Information and Impact Note covering this instrument was published on 6th December 2011 alongside draft clauses of the Finance Bill 2012 and is available on the HMRC website at http:/www.hmrc.gov.uk/the library/tiins.htm. It remains an accurate summary of the impacts that apply to this instrument.