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11. In Schedule 1—
(a)in the heading after “EXEMPT” insert “, RECYCLING LOWER-RATE”;
(b)in paragraph 2—
(i)in the CCL relief formula, after “0.65R” insert “+ 0.8L”;
(ii)in the definition of “M” omit sub-paragraph (fa);
(iii)after the definition of “0.65R” insert—
“0.8L = 80% of the quantity of the taxable commodity referable to the sum of every recycling lower-rate part.”;
(c)in paragraph 3(1)—
(i)after “regulation 35(2)” insert “(recycling lower-rate and reduced-rate)”;
(ii)for “(reduced rates)” substitute “(reduced-rate for certain supplies to a facility covered by a climate change agreement)”;
(d)in paragraph 5—
(i)in sub-paragraph (7)—
(aa)for “45A” substitute “43B”;
(bb)for “Reduced-rate supplies” substitute “Supplies for use in scrap metal re-cycling and reduced-rate supplies”;
(ii)in sub-paragraphs (8) and (9C) for “45A(2)” substitute “43B(2)”;
(iii)in sub-paragraph (9) for “45A(2)(a)” substitute “43B(2)(a)”;
(e)in paragraph 6(1)—
(i)in sub-paragraph (c) before “a reduced-rate supply” (in both places) insert “a recycling lower-rate supply or”;
(ii)after sub-paragraph (c) insert—
“(ca)after a taxable supply has been made on the basis that it was (to any extent) a recycling lower-rate supply, it is determined that the supply was such a supply to a greater extent than previously determined;”;
(f)in paragraph 9(5) for “three” substitute “4”.
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