Finance Act, 1983

Increase of excise duties on motor vehicle trade licences.

75.Section 15 (2) of the Finance Act, 1922 , shall, as applied by section 3 of the Finance (Excise Duties) (Vehicles) Act, 1952 , and notwithstanding the terms of the latter section, have effect, as respects licences to which the said section 15(2) applies taken out on or after the 1st day of January, 1984, as if—

(a) “£200” were substituted for “£100” (inserted by the Finance Act, 1980 ) in paragraph (a),

(b) “£40” were substituted for “£20” (inserted by the said Finance Act, 1980 ) in paragraphs (a) and (b), and

(c) “£8” were substituted for “£4” (inserted by the said Finance Act, 1980 ) in paragraph (b).