Section 14B — Finance Act 2008: Rebate on bioblend used other than as fuel for road vehicles

Rebate on bioblend used other than as fuel for road vehicles 14B 1 This section applies if, on the delivery for home use of bioblend on which duty under section 6AB is charged—

a it is intended that the bioblend will not be—

i used as fuel for a road vehicle, or ii used as an additive or extender in any substance so used, and b if the heavy oil used to produce the bioblend was kerosene, it is intended that the bioblend will not be—

i used as fuel for an engine within paragraph (a) or (b) of section 13AA(1), or ii used as an additive or extender in any substance so used.

2 A rebate of duty is to be allowed on the bioblend.

3 The rate per litre of the rebate is the sum of—

a HO% of the relevant hydrocarbon rebate rate, and b BD% of the relevant biodiesel rebate rate. 4 “The relevant hydrocarbon rebate rate” is the rate specified in section 11(1) for the kind of heavy oil used to produce the bioblend. 5 “The relevant biodiesel rebate rate” is—

a if the heavy oil used to produce the bioblend was kerosene, the rate of duty under section 6AA, and b otherwise, the rate of the rebate under section 14A.

6 Section 6AB(4) (meaning of “ HO% ” and “ BD% ”) applies for the purposes of subsection (3).