HC Deb 22 March 1993 vol 221 cc718-9

Resolved, That—

  1. (1) The Vehicles (Excise) Act 1971 shall be amended as follows.
  2. (2) In subsection (5) of section 16, including that subsection as set out in paragraph 12 of Part I of Schedule 7— 719
    1. (a) for "£100" there shall be substituted "the rate mentioned in subsection (5A)(a) below", and
    2. (b) for "£20" there shall be substituted "the rate mentioned in subsection (5A)(b) below".
  3. (3) In that section the following subsection shall be inserted after subsection (5)—
(5A) The rates referred to in subsection (5) above are—
  1. (a) the annual rate applicable to a vehicle falling within paragraph 2 of Part II of Schedule 5 to this act in relation to a licence taken out when the trade licence is taken out;
  2. (b) the annual rate applicable to a vehicle falling within paragraph 3 of Part II of Schedule 1 to this act in relation to a licence taken out when the trade licence is taken out."
 (4) This Resolution shall apply in relation to licences taken out after 16th March 1993. And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.