Statutory Instrument 2483 and the Explanatory Memorandum have now been published. The order amends the technologies included in the enhanced capital allowance (ECA) scheme for water efficient technologies and took effect on 8 November 2010.

The ECA scheme for environmentally beneficial technologies enables a business to claim accelerated tax relief on its spending on qualifying water efficient technologies. The cash-flow benefit of accelerated tax relief is intended to encourage businesses to invest in technologies that reduce water use and improve water quality.

This instrument gives statutory effect, for the purposes of the ECA scheme, to the revised lists of qualifying technologies issued by the Secretary of State on 28 September 2010.

The new lists issued on that date update and clarify the qualifying criteria for some of the qualifying technologies. The revised lists are available on the website for the water efficient ECA scheme at www.eca-water.gov.uk.

The Statutory Instrument can be found at http://www.legislation.gov.uk/uksi/2010/2483/made and its accompanying Explanatory Memorandum is available at http://www.legislation.gov.uk/uksi/2010/2483/notes/contents?type=em