TNAG-0171-FCO40-207-Effect-of-UK-s-economic-measures-on-exports-from-Hong-Kong-1969 — Page 134

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PART II

Goods exempted

from duty.

CH. 92

Finance (No. 2) Act 1964

buyer) as it applies in relation to duty under this section, any terms in a contract expressly or impliedly making a seller liable for all customs duties (or all customs duties with exceptions not affecting duty under this section) shall not be deemed to amour to an agreement to the contrary (that is to say, to an agreeme that the said section 10 shall not apply).

(9) The Treasury may from time to time by order reduce, or further reduce, the rate of duty of fifteen per cent. specified in subsection (1) of this section.

An order under this subsection-

(a) may apply (subject always to section 4 of this Act) either generally or as respects goods of descriptions specified in the order, and

(b) may provide that the duty shall cease to be in force, either generally or as respects goods of descriptions specified in the order, and

(c) may vary or revoke a previous order under this sub- section, but not so as to increase or reimpose duty on any goods, and

(d) shall be made by statutory instrument subject to annul- ment in pursuance of a resolution of the House of Commons.

(10) Duty under this section shall be deemed to have come into force on 27th October 1964 and, in respect of goods so chargeable as from a date before the passing of this Act, shall become recoverable from the importer on the date of the passing of this Act.

(11) Subject to the next following subsection, duty under this section shall cease to be in force at the end of November 1965.

(12) The Treasury may by order in a statutory instrument, of which a draft has been approved by resolution of the House of Commons, direct that duty under this section shall continue in force until the end of November 1966.

4. (1) Duty under section 3 of this Act shall not be charged on goods of the descriptions specified in Schedule 1 to this Act (being goods classified in accordance with the Customs Tariff 1959).

(2) The Treasury may by order add to Schedule 1 to this Act any description of goods specified in the order.

(3) An order under subsection (2) of this section--

(a) subject to subsection (4) of this section, may amend the

provisions of Schedule 1 to this Act,