CAB129-53 — Page 135

Transport

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& 1 ELIZ. 2

A.D. 1952・・ (4) If it appears to the Minister that, having regard to the stage reached in the disposal of the property held by the Commission for the purposes of the existing road haulage undertaking, it is expedient so to do, he may by order provide for abolishing the Board and winding up their affairs, and for transferring to the 5 Minister any functions of the Board so far as they remain to be exercised or performed.

The transport levy.

The power conferred by this subsection to make orders shall be exercisable by statutory instrument and any such statutory instrument shall be subject to annulment in pursuance of a 10 resolution of either House of Parliament.

The Transport Levy and the Transport Fund

10.-(1) In the case of the vehicles described in the first column of the Tables in Parts I and III of the Second Schedule to this Act, being vehicles which are used on public roads in 15 Great Britain on or after the appointed day, a. charge, in this Act referred to as "the transport levy ", shall be made in accord- ance with the subsequent provisions of this section for the benefit of the Transport Fund established under the next following section.

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(2) The transport levy shall be charged for the periods covered by the licences taken out in respect of the vehicle in question under the Vehicles (Excise) Act, 1949, and the amount 'charged by way of the levy for any such period shall be the amount by which the excise duty payable upon that licence 25 would be increased if the annual amount of that duty were increased by the amount arrived at by multiplying the unit charge, as defined in subsection (3) of this section, by the appro- priate multiplier, as defined in subsection (4) thereof.

(3) The amount referred to in this section as " the unit charge" 30 shall-

(a) until the end of the year nineteen hundred and fifty-five,

be thirteen shillings and sixpence ;

(b) for each period of three years following the end of that

year, be such sum as may be fixed in relation to that 35 period by an order of the Minister made before the beginning of that period or, if no sum is so fixed, the sum which was the unit charge immediately before the beginning of that period,

and the Minister shall exercise his powers under this subsection 40 in respect of each period with a view to securing that, as nearly as conveniently may be, the said Transport Fund will, over that period, be sufficient and not more than sufficient to meet the payments falling to be made therefrom.

The power conferred on the Minister by this subsection to 45 make orders shall be exercisable by statutory instrument and no

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