TNAG-0171-FCO40-207-Effect-of-UK-s-economic-measures-on-exports-from-Hong-Kong-1969 — Page 126

Provisional Collection of Taxes Act 1968

CH. 2

3

(8) When during any session a resolution has had statutory effect under this section, statutory effect shall not be again given under this section in the same session to the same resolution or

a resolution having the same effect.

made on

2.-(1) Any payment or deduction made on account of a Payments and temporary tax to which section 1 above applies and within one deductions month after the date of its expiry shall, if the payment or de- account, and duction would have been a legal payment or deduction if the before tax had not expired, be deemed to be a legal payment or renewal, of any

temporary tax deduction, subject to the condition that-

within s.l.

(a) if a resolution for the renewal or reimposition of the tax is not passed by the House of Commons within that month, or such a resolution is passed within that month but ceases to have statutory effect under the said section 1, any money so paid or deducted shall be repaid or made good, and

(b) if the tax is ultimately renewed or reimposed at a different rate, or with modifications, any amount paid or deducted which could not properly have been paid or deducted under the new conditions affecting the tax shall be repaid or made good.

(2) In this section "temporary tax

temporary tax" means a tax which has been imposed, or renewed or reimposed, for a limited period not exceeding eighteen months, and was in force or imposed during the previous financial year.

provisions

3.-(1) The following provisions of this section shall have Customs effect where the House of Commons passes a resolution pro- and excise: viding for the imposition as from a specified date of any duty for securing of customs or excise, not being a resolution to which statutory duties under effect can be given under section 1 of this Act.

resolutions not having (2) If the duty so imposed is a duty of customs, the Com- statutory missioners may require any person who, on or after the specified effect. date, imports or clears from warehouse any goods to which the resolution applies to give security that he will, if and when an Act giving effect to the resolution comes into operation, pay the duty chargeable in respect of the goods under that Act.

(3) If the duty is a duty of excise, the Commissioners may make regulations for the purpose of securing the payment of such duty as may by law become chargeable in the event of an Act giving effect to the resolution coming into operation, and may by those regulations apply to the duty and to any trade or business in connection with which the duty may become chargeable and to any person carrying on, or premises used for the purpose of, that trade or business any provision of the excise Acts.