HC Deb 23 July 1940 vol 363 cc666-7

Resolved, That—

  1. (a) provision shall be made for charging a tax in respect of purchases (whenever made) from wholesale sellers of such goods as may be specified in any Act of the present Session, and in respect of such other transactions (whenever made) relating to such goods as may be so specified;
  2. (b) the tax shall be charged (subject as mentioned in paragraph (c) of this Resolution) at one or other of the following rates, as may be provided by the said Act in relation to different classes of goods, that is to say, a basic rate equal to one third of the wholesale value of the goods, or a reduced rate equal to one sixth of the wholesale value of the goods;
  3. (c) the Treasury shall have power to make orders—
    1. (i) for bringing the tax into operation,
    2. (ii) for varying from time to time the basic rate or the reduced rate of the tax,
    3. (iii) for rendering the tax chargeable, at either rate, in the case of goods other than goods on which it is chargeable under paragraph (a) of this Resolution, or for rendering the tax chargeable in the case of any goods at the basic rate in lieu of at the reduced rate or vice versa, and
    4. (iv) for such other purposes as may be specified in the said Act,
so however that an order for bringing the tax into operation, for increasing the rate of the tax, for rendering the tax chargeable, or for rendering the tax chargeable at the basic rate in lieu of at the reduced rate, shall be subject to approval by this House as may be provided by the said Act; (d) the Government of Ireland Act, 1920, shall have effect as if the tax were one of the taxes mentioned in Sub-section (1) of Section twenty-two of that Act (which relates to reserved taxes).