HC Deb 01 April 1974 vol 871 cc1013-4

Motion made, and Question, That—

  1. (a) as from 27th March 1974 the rates of duties of customs and excise chargeable under section 4 of the Finance Act 1964 on tobacco by virtue of Schedule 5 to the Finance Act 1973 or any order made before that date under section 1(4) of the Finance Act 1973 shall each be increased by £1.400 per pound;
  2. (b) as respects tobacco on which there have been paid duties of customs or excise at the said increased rates, the rates of drawback allowable under the said section 4 by virtue of the said Schedule 5 or any such order shall each be increased by the like amount per pound,
but without prejudice to the powers conferred on the Treasury by section 1 of the Finance Act 1973. And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the pro- visions of the Provisional Collection of Taxes Act 1968.—[Mr. Henley.]

put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.