§ Resolved,
§ That—
§ (1) For the Table in paragraph 1B of Schedule 1 to the Vehicle Excise and Registration Act 1994 there shall be substituted—
CO2 emissions figure | Rate | |||
(1) | (2) | (3) | (4) | (5) |
Exceeding g/km | Not exceeding g/km | Reduced rate £ | Standard Rate £ | Premium rate £ |
— | 120 | 60 | 70 | 80 |
120 | 150 | 90 | 100 | 110 |
150 | 165 | 110 | 120 | 130 |
165 | 185 | 130 | 140 | 150 |
185 | — | 150 | 155 | 160 |
§ (2) This Resolution shall apply to any licence taken out on or after 18th April 2002 for a period beginning on or after 1st May 2002.
§ And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.