- (1) In section 19 of the Finance Act 1985, in subsection (5)—
- (a) at the end of paragraph (b) there shall be inserted "and", and
- (b) for paragraphs (c) and (d) there shall be substituted the following paragraph—
- "(c) in relation to each such period after the second, the specified percentage is 15 per cent."
§ (2) This Resolution shall apply in relation to any liability to a surcharge arising on or after 1st April 1993.