Finance Act 2014

Amendment of section 285A of and Schedule 4A to Principal Act (acceleration of wear and tear allowances for certain energy-efficient equipment)

38. The Principal Act is amended—

(a) in section 285A(1), in the definition of “relevant period”, by substituting “31 December 2017” for “31 December 2014”, and

(b) by substituting the following for Schedule 4A:

“SCHEDULE 4A

TABLE

(Class of Technology)

(1)

(Description)

(2)

(Minimum Amount)

(3)

Motors and Drives

Electric motors and drives designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Lighting

Lighting equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€3,000

Building Energy Management Systems

Building energy management systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€5,000

Information and Communications Technology (ICT)

ICT equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Heating and Electricity Provision

Heating and electricity provision equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Process and Heating, Ventilation and Air-conditioning (HVAC) Control Systems

Process and heating, ventilation and air-conditioning (HVAC) equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Electric and Alternative Fuel Vehicles

Electric and alternative fuel vehicles and equipment designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Refrigeration and Cooling Systems

Refrigerating and cooling equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Electro-mechanical Systems

Electro-mechanical equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

Catering and Hospitality Equipment

Catering and hospitality equipment and systems designed to achieve high levels of energy efficiency and that meet specified efficiency criteria.

€1,000

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