§ 1. "That, as from six o'clock in the evening on the fifteenth day of April, nineteen hundred and forty-seven—
- (a) the rate of any rebate allowed under Section two of the Finance Act, 1928, on the delivery for home consumption of—
- (i) any oils which contain in solution an amount of hard asphalt of not less than one half of one per cent.; or
- (ii) any oils of which not more than fifty per cent. by volume distils at a
814 temperature not exceeding 240 degrees centigrade, and of which more than fifty per cent. by volume distils at a temperature not exceeding 340 degrees centigrade,
- (b) the duty chargeable by virtue of Subsection (2) of Section eight of the Finance (No. 2) Act, 1945, on oils used in a refinery for generating heat, light or power, or for producing gas, shall cease to be chargeable.