TNAG-0171-FCO40-207-Effect-of-UK-s-economic-measures-on-exports-from-Hong-Kong-1969 — Page 135

Finance (No. 2) Act 1964

CH. 92

5

(b) subject to subsection (4) of this section, may vary or revoke a previous order under the said subsection (2), and

(c) subject to subsection (5) of this section, shall be made by statutory instrument subject to annulment in pursuance of a resolution of the House of Commons.

(4) An order under subsection (2) of this section may exclude any description of goods specified in the order from Schedule 1 to this Act (so as to charge goods of that description with duty under section 3 of this Act) if and only if it appears to the Treasury that having regard to the descriptions of goods which, apart from the order, are so chargeable, the exemption with- drawn by the order is anomalous, and the order declares that it is made in pursuance of this subsection.

(5) An order made in pursuance of the last foregoing sub- section shall not be subject to annulment as provided by subsection (3)(c) of this section but shall be laid before the House of Commons after being made; and the order shall cease to have effect at the end of twenty-eight days after that on which it is made (but without prejudice to anything previously done under the order or to the making of a new order) unless at some time before the end of those twenty-eight days the order is approved by resolution of the House of Commons.

In reckoning for the purposes of this subsection any period of twenty-eight days, no account shall be taken of any time during which Parliament is dissolved or prorogued or during which the House of Commons is adjourned for more than four days.

(6) Subject to subsection (3)(a) of this section, Schedule 1 to this Act shall be construed in accordance with the inter- pretative provisions at the end of that Schedule.

PART II

5. (1) The Commissioners may allow drawback in respect Drawback, of duty under section 3 of this Act on the exportation of goods

in such circumstances and subject to such conditions as they may direct.

(2) The drawback may be in respect of duty paid on the goods, or in respect of duty paid on goods from which exported goods are manufactured or produced or which are incorporated in exported goods, and the rate of drawback may be determined in such manner and by reference to such matters as the Commissioners may determine.

(3) Where drawback is allowable on the exportation of the goods in respect of an ad valorem duty of customs not charged under section 3 of this Act the principles to be applied by the Commissioners in determining the drawback to be allowed under this section in respect of any duty under section 3 of this Act paid in respect of the goods shall be the same as the principles on which that other drawback is determined.

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