Financial Resolution No. 2: Natural Gas Carbon Tax
Minister Harris moved a financial resolution to amend the natural gas carbon tax from 15 April 2026, with Deputy Doherty proposing an amendment.
I move:
(1) THAT for the purposes of the tax charged by virtue of section 67 of the Finance Act 2010 (No. 5 of 2010), that section be amended, with effect as on and from 15 April 2026, by the substitution of the following for the Table to subsection (1) of that section (as amended by section 28(a) of the Finance Act 2020 (No. 26 of 2020)):
"TABLE
RATE OF NATURAL GAS CARBON TAX
".
(2) IT is hereby declared that it is expedient in the public interest that this Resolution shall have
statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).
Comment on this
I move amendment No. 1:
In paragraph (1), to delete the table proposed to be inserted by subparagraph (a) and substitute the following:
"TABLE
RATE OF NATURAL GAS CARBON TAX
".
Comment on this
Question put: "That amendment No. 1 set down to the motion for Financial Resolution No. 2 is hereby negatived and the motion for Financial Resolution No. 2 is hereby agreed to."
Do you agree with this result?