Taxes Consolidation Act 1997 section 531AAG

Interpretation (Part 18E)

Section 531AAG sets out the definitions used in Part 18E for the purposes of the defective concrete products levy (DCPL).

• The levy applies to the first supply of a concrete product, meaning ready-to-pour concrete or a product containing concrete that must comply with a standard listed in Schedule 36. The person making that first supply is the chargeable person.
• A supply includes a transfer of ownership by agreement or sale, the assignment of a concrete product for use in a business, or the private or business use of a concrete product in the State. The supply date is the date on which the first supply occurs.
• The initial accounting period runs from 1 September 2023 to 31 December 2023, with subsequent periods of six months beginning on 1 January 2024.
• A specified person is someone who acquires a first supply of ready-to-pour concrete and uses it to manufacture a precast concrete product. A precast concrete product is one that is cast in a reusable mould and cured in a controlled environment in a specially equipped facility, and is then transported for sale or to a construction site or final destination.