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CLAUSE
16: CHARGE TO AGGREGATES LEVY
SUMMARY
1.
This clause makes the charging provision to aggregates levy.
DETAILS OF THE CLAUSE
2.
Subsection (1) provides that aggregates levy shall be charged
in accordance with the provisions of the Finance Act 2001 on aggregate
which is subjected to commercial exploitation.
3.
Subsection (2) provides that the charge shall arise when taxable
aggregate is subjected to commercial exploitation in the United Kingdom
on or after the commencement date.
4.
Subsection (3) provides that the person charged with the levy
shall be the person responsible for it being subjected to commercial
exploitation.
5.
Subsection (4) provides that the rate of levy shall be £1.60
per tonne and a proportion of that amount on any part of a tonne.
6.
Subsection (5) provides that the levy shall be under the care
and management of the Commissioners of Customs and Excise.
7.
Subsection (6) provides that the commencement date is to be
stipulated by Treasury Order.
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