Finance Act, 1983
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Amendment of section 34 (amendments relative to penalties) of Finance Act, 1963. |
72.— Section 34 of the Finance Act, 1963 , is hereby amended— | |
(a) in subsection (4)— | ||
(i) in paragraph (c) (i), by the substitution of “£1,000” for “£500” (inserted by the Finance Act, 1976 ), | ||
(ii) in paragraph (d) (ii), by the substitution of “£1,000” for “£500” (inserted by the Finance Act, 1976 ), | ||
and | ||
(b) in subsection (5), by the substitution of “£1,000” for “£500” (inserted by the Finance Act, 1976 ), | ||
and the said paragraphs (c) (i) and (d) (ii) and subsection (5), as so amended, are set out in the Table to this section. | ||
TABLE | ||
(c) (i) in case treble the estimated value exceeds £1,000, the offence shall be tried on indictment, and, | ||
(d) (ii) where treble the value so determined exceeds £1,000, the offence shall be tried on indictment, | ||
(5) An offence under any enactment of the Customs Acts, other than an enactment referred to in the foregoing subsections of this section, shall be tried on indictment if the penalty exceeds or may exceed £1,000. |