# Finance Act 2014, Paragraph 2


After paragraph 12 insert—
“Exemption: mineralogical and metallurgical processes
12A (1) A supply of a taxable commodity to a person is exempt from the levy if the commodity is to be used by the person in a mineralogical or metallurgical process.
(2) “Mineralogical process” has the same meaning as in Article 2(4)(b) of Council Directive 2003/96/EC of 27 October 2003 (which relates to the taxation of energy products and electricity).
(3) “Metallurgical process” means a process of any of the following descriptions.
(4) The descriptions are—
(a) a process falling within Division 24 of NACE Rev 2, excluding Class 24.46;
(b) a process falling within Group 25.5 of NACE Rev 2;
(c) a process falling within Class 25.61 of NACE Rev 2 which is—
(i) plating, anodising etc of metals;
(ii) heat treatment of metals;
(iii) deburring, sandblasting, tumbling and cleaning of metals where carried out in conjunction with a process mentioned in paragraph (a) or (b).
In this sub-paragraph “NACE Rev 2” is as set out in Annex I to Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 (relating to the statistical classification of economic activities).”

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Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/20/paragraph/2 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-20/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.