Finance Act 2010

Chapter 2

Natural Gas Carbon Tax

Definitions (Chapter 2).

66.— (1) In this Chapter—

“ accounting period ” means a period of 2 calendar months or such other period as the Commissioners may prescribe for the purposes of returns and payment under section 70 ;

“CN Code” means a Community subdivision to the combined nomenclature of the European Communities referred to in Article 1 of Council Regulation (EEC) No. 2658/87 of 23 July 1987 6 as amended by Commission Regulation (EEC) No. 2031/2001 of 6 August 2001 7 ;

“CO2” means carbon dioxide;

“Commissioners” means the Revenue Commissioners;

“consumer” means a person who receives a supply of natural gas for combustion;

“Directive” means Council Directive No. 2003/96/EC of 27 October 2003 8 ;

“emissions” means the release, on combustion of natural gas, of CO2;

“ greenhouse gas emissions permit ” has the meaning assigned to it by Article 2(1) of the European Communities (Greenhouse Gas Emissions Trading) Regulations 2004 ( S.I. No. 437 of 2004 );

“natural gas” means natural gas falling within CN codes 2711 11 00 and 2711 21 00;

“officer” means an officer of the Commissioners;

“prescribed” means prescribed by regulations made by the Commissioners under section 74 ;

“supplier” means an entity which supplies natural gas to a consumer;

“ supply ” means a quantity of natural gas supplied to a consumer;

“tax” means natural gas carbon tax within the meaning of subsection (1) of section 67 .

6 OJ No. L256 of 7 September, 1987, p. 1

7 OJ No. L279 of 23 October, 2001, p. 1

8 OJ No. L260 of 11 October, 2003, p. 8