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CLAUSE 48:  INTERPRETATION OF CHAPTER

SUMMARY

1.      This clause deals with the interpretation of various expressions used in the aggregates levy legislation.

DETAILS OF THE CLAUSE

2.      Subsection (1) defines various words and expressions used throughout the aggregates levy legislation.

3.      Subsection (2) deals specifically with the interpretation of “construction purposes”.

4.      Subsection (3) deals specifically with the interpretation of “winning” aggregate.

5.      Subsection (4) provides that references to aggregates levy due from any person in relation to any accounting period are references to the aggregates levy for which a person is required to account by reference to that period.

6.      Subsection (5) clarifies the meaning of references to repayments of aggregates levy.

7.      Subsection (6) sets out the definition of a person resident in the UK for the purposes of aggregates levy.