Finance Act 2025

Amendment of section 71 of Finance Act 2010 (reliefs from natural gas carbon tax)

54. (1) Section 71 of the Finance Act 2010 is amended—

(a) in subsection (1)(a), by the insertion of “in an installation that is covered by a greenhouse gas emissions permit” after “electricity”, and

(b) in subsection (2), by the insertion of “, other than natural gas to which subsection (1)(a) applies” after “greenhouse gas emissions permit”.

(2) Subsection (1) shall come into operation on such day as the Minister for Finance may, by order, appoint.