Section 22 | Aggregates levy: exemption for aggregate removed from railways etc

(1)Section 17(3) of FA 2001 (exempt aggregate) is amended as follows.

(2)Omit “or” at the end of paragraph (d).

(3)After that paragraph insert—

(da)it consists wholly of aggregate won by being removed from the ground along the line or proposed line of any railway, tramway or monorail or proposed railway, tramway or monorail and in the course of excavations carried out—

(i)for the purpose of improving or maintaining the railway, tramway or monorail or of constructing the proposed railway, tramway or monorail; and

(ii)not for the purpose of extracting that aggregate;

.

(4)Insert “ or ” at the end of paragraph (e).

(5)The amendment made by subsection (3) comes into force on such day as the Treasury may by order made by statutory instrument appoint.