Introduction Summary
1.Section 67 ensures that where Renewable Heat Incentive (RHI) tariffs, and should it be introduced at a future date Feed-in Tariffs (FIT), are paid in respect of heat or electricity generated (or gas or fuel produced) 100 per cent first-year allowances (FYAs) are not available under section 45A of Capital Allowances Act 2001 (CAA) for expenditure incurred on the plant and machinery (P&M) in Northern Ireland that generates or produces it. This brings Northern Ireland into line with the rest of the United Kingdom.