S.I. No. 350/1974 - Imposition of Duties (No. 214) (Mineral Hydrocarbon Light Oil) Order, 1974.

S.I. No. 350 of 1974.

IMPOSITION OF DUTIES (No. 214) (MINERAL HYDROCARBON LIGHT OIL) ORDER, 1974.

The Government, in exercise of the powers conferred on them by section 1 of the Imposition of Duties Act, 1957 (No. 7 of 1957) hereby order as follows:

1. This Order may be cited as the Imposition of Duties (No. 214) (Mineral Hydrocarbon Light Oil) Order, 1974.

2. This Order shall come into operation on the 5th day of December, 1974.

3. The duty of customs imposed by section 1 of the Finance (Customs Duties) (No. 4) Act, 1931 (No. 43 of 1931), as varied by section 36 (2) of the Finance Act, 1969 (No. 21 of 1969), shall, in respect of mineral hydrocarbon light oil chargeable with that duty, be further varied by the addition of the sum of £0.1330 the gallon to each of the rates of such duty chargeable immediately prior to the commencement of this Order.

4. The duty of excise imposed by section 1 of the Finance (Miscellaneous Provisions) Act, 1935 (No. 7 of 1935), shall, in respect of mineral hydrocarbon light oil chargeable with that duty which is sent out, on or for sale or otherwise, from the premises of the manufacturer thereof or is used by such manufacturer for any purpose other than the manufacture or production of mineral hydrocarbon oil, be charged, levied and paid at the rate of £0.3405 the gallon in lieu of the rate specified in section 36 (3) of the Finance Act, 1969 .

GIVEN under the Official Seal of the Government, this 4th day of

December, 1974.

LIAM MAC COSGAIR,

Taoiseach.

EXPLANATORY NOTE.

This Order increases the customs and excise duty on petrol by 13.3p a gallon as from 5th December, 1974.