Section 40. Purpose of regulation

The purpose of this regulation is to establish the procedure for certification of recycling machinery and equipment as integral to the recycling process and for use primarily for the purpose of abating or preventing pollution of the atmosphere or waters of the Commonwealth, and used in manufacturing facilities or plant units that manufacture, process, compound, or produce for sale recyclable items of tangible personal property at fixed locations in the Commonwealth. Such certification would allow the purchaser of such machinery and equipment to apply for an exemption from real or personal property taxes as authorized by the local taxing authority.

Historical Notes

Former 9VAC20-140-40 derived from VR672-50-11 § 2.2, eff. October 9, 1991; amended and renumbered, Volume 17, Issue 21, eff. August 1, 2001.

Statutory Authority

§§ 58.1-338, 58.1-439.7, 58.1-439.8, and 58.1-3661 of the Code of Virginia.