§ 7. "That as from the tenth day of April, nineteen hundred and forty-six, subject to any subsequent order under section twenty of the Finance (No. 2) Act, 1940,—
- (a) purchase tax shall cease to be charge. able in respect of goods of the classes specified in Part I of the Table set out at the end of this Resolution; and
- (b) purchase tax shall become chargeable at the reduced rate and at the basic rate in respect of goods of the classes specified respectively in Parts II and III of the said Table, not being in any case goods of the classes specified in the third column of the Seventh Schedule to the Finance (No. 2) Act 1940, or in Part I of the said Table.