Paragraph 3 Compulsory review of calculationF1
(1)
This paragraph applies where a person (“P”)—
(a)
has accounted for CCL on a deemed supply under paragraph 24B of the Act; and
(b)
the quantity of the carbon price support rate commodity that was the subject of the deemed supply has been calculated in accordance with paragraph 2 of this Schedule.
(2)
Where this paragraph applies P must review the correctness of that quantity—
(a)
in accordance with paragraphs 4 and 5; and
(b)
no later than a reconciliation day.
Annotations
Textual amendments
- F1
Sch. 3 inserted (1.4.2013) by The Climate Change Levy (General) (Amendment) Regulations 2013 (S.I. 2013/713), regs. 1, 13