Capital Allowances Act 2001 section 45I

Certification of environmentally beneficial plant and machinery

Section 45I establishes the certification process that determines whether plant or machinery qualifies as environmentally beneficial for the purposes of enhanced capital allowances.

• Plant or machinery must be certified by a designated body to qualify as environmentally beneficial.
• Certification confirms that the asset meets specific environmental criteria set out in a relevant technology list.
• The Treasury may by order designate the certifying body and establish or amend the technology list.
• The Finance Act 2019 amended this section as part of changes to the environmentally beneficial plant and machinery regime.

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