Regulation 12 Tax credits: generalI1

United Kingdom

(1)

The provisions of this Part have effect subject to the requirements of Part III and F1Schedule 1 (certification scheme for excluded, exempt F2... F3... and reduced-rate supplies).

(2)

Accordingly, no tax credit shall arise by virtue of regulation 11 where the circumstances are such that provision is made by F4Schedule 1 for a tax credit, for the benefit of the recipient, relating to the amount in question.

Annotations

Textual amendments

F1: Words in reg. 12(1) substituted (1.4.2003) by The Climate Change Levy (General) (Amendment) Regulations 2003 (S.I. 2003/604), regs. 1, 4
F2: Word in reg. 12(1) omitted (1.11.2007 with effect in accordance with the Notes in Sch. 1 to the amending S.I.) by virtue of The Climate Change Levy (General) (Amendment) Regulations 2007 (S.I. 2007/2903), reg. 1, Sch. 1 Table Item 7
F3: Words in reg. 12(1) omitted (1.4.2014 with effect in accordance with Sch. 20 para. 10 to the amending Act) by virtue of Finance Act 2014 (c. 26), Sch. 20 paras. 8(5), 10(1)
F4: Words in reg. 12(2) substituted (1.4.2003) by The Climate Change Levy (General) (Amendment) Regulations 2003 (S.I. 2003/604), regs. 1, 4

Commencement

I1: Reg. 12 in force at 1.4.2001, see reg. 1