2
CH. 92
Hydrocarbon
oils, petrol substitutes and power methylated spirits.
1950 c. 15.
Finance (No. 2) Act 1964
PART II
CUSTOMS AND EXCISE
Hydrocarbon oils, etc.
2. (1) There shall be charged on hydrocarbon oils imported into the United Kingdom a duty of customs at the rate of three shillings and threepence a gallon.
(2) A duty of excise at the same rate as the duty of customs charged under subsection (1) of this section shall be charged- (a) on hydrocarbon oils produced in the United Kingdom which, on or after 1st January 1965, are delivered for home use from a refinery or from other premises used for the production of hydrocarbon oils or from any bonded storage for hydrocarbon oils, and which are not chargeable with the customs duty on hydro- carbon oils;
(b) on any petrol substitute which, on or after 1st January 1965, is sent out from the premises of a person pro- ducing or dealing in petrol substitutes and which was not acquired by him duty paid under this paragraph; and
(c) on spirits used for making power methylated spirits (payable by the methylator immediately after the spirits have been so used).
(3) The duties charged by subsections (1) and (2) of this section are instead of the duties of customs and excise specific- ally charged on hydrocarbon oils, petrol substitutes and spirits used for making power methylated spirits by any Act other than this Act, but this subsection shall not affect excise duty under section 2 of the Finance Act 1950 (hydrocarbon oils) or section 3 of that Act (petrol substitutes) becoming chargeable before 1st January 1965 (which by virtue of the said section 2, as amended. S.I. 1953/1496. by the Hydrocarbon Oils (Excise Duty) Order 1953, is at a rate 1s. 3d. per gallon less than the customs duty on hydrocarbon oils); and the reference in subsection (2)(b) of this section to duty paid under that paragraph includes duty paid under the said section 3 of the Finance Act 1950.
Charge of temporary
(4) This section shall have effect as from 6 o'clock in the evening on 11th November 1964.
Temporary charges on imports
3. (1) Subject to section 4 of this Act, there shall be charged on all goods imported into the United Kingdom a duty of customs duty. customs which, subject to subsection (9) of this section, shall be
fifteen per cent. of the value of the goods.