Finance Act, 1988

Amendment of section 11 (rates of tax) of Principal Act.

61.—Section 11 (1) (inserted by the Finance Act, 1985 ) of the Principal Act is hereby amended—

(a) by the insertion in paragraph (a) after “in paragraphs (b)” of “, (bb)”,

(b) by the insertion of the following paragraph after paragraph (b):

“(bb) 5 per cent. of the amount on which tax is chargeable in relation to the supply of electricity,”, and

(c) by the substitution in paragraph (d) of “1.4 per cent.” for “1.7 per cent.” (inserted by the Finance Act, 1987 ).