# Finance Act 2000, Paragraph 24C

Extent: E+W+S+N.I.

(1) This paragraph applies if—
(a) a determination (“the initial determination”) is made under regulations falling within paragraph 24B(3) that—
(i) none of a quantity of a carbon price support rate commodity is, or
(ii) a proportion of such a quantity is not,
referable to the production of electricity to which paragraph 24B(2A) does not apply,
(b) as a result of the initial determination, the quantity or proportion of a quantity is determined not to be the subject of a deemed supply under paragraph 24B, and
(c) it is later determined that, contrary to the initial determination, the quantity or proportion of a quantity—
(i) was referable to the production of electricity to which paragraph 24B(2A) does not apply, and
(ii) accordingly, should have been determined to be the subject of a deemed supply under paragraph 24B.
(2) For the purposes of this Schedule—
(a) the operator of the station in question is deemed to make a taxable supply to himself of the quantity or proportion of a quantity, and
(b) the amount payable by way of levy on the deemed supply is the amount which would have been payable in relation to the quantity or proportion of a quantity had it been determined to be the subject of a deemed supply as mentioned in sub-paragraph (1)(c)(ii).

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/6/paragraph/24C (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-6/paragraph-24C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.