Capital Allowances Act 2001

45D Expenditure on cars with low carbon dioxide emissionsU.K.

(1)Expenditure is first-year qualifying expenditure if—

(a)it is incurred in the period beginning with 17th April 2002 and ending with 31st March [F12025],

(b)it is expenditure on a car which is first registered on or after 17th April 2002 and which is unused and not second-hand,

[F2(c)the car—

(i)is electrically-propelled, or

(ii)has low CO₂ emissions, and]

(d)the expenditure is not excluded by section 46 (general exclusions).

[F3(1A)The Treasury may by order amend subsection (1)(a) so as to extend the period specified.]

(2) For the purposes of this section [F4a car has low CO₂ emissions if it] satisfies the conditions in subsections (3) and (4).

(3) The first condition is that, when the car is first registered, it is so registered on the basis of [F5a qualifying emissions certificate.]

(4) The second condition is that the applicable CO ₂ emissions figure [F6in relation to] the car does not exceed [F70] grams per kilometre driven.

F8(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(7)The Treasury may by order amend the amount from time to time specified in subsection (4).

(8)In this section any reference to a car [F9is to a car within the meaning of section 268A, except that it]—

(a)includes a reference to a mechanically propelled road vehicle of a type commonly used as a hackney carriage, F10...

F10(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11(9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11(10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F12(11)In this section—

• “applicable CO₂ emissions figure” and “qualifying emissions certificate” have the meanings given in section 268C;

• “electrically-propelled” has the meaning given in section 268B.]