Finance Act, 2001

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Deferment of duty on beer, made wine, wine and spirits.

167.—(1) In this section—

“Act of 1993” means the Finance Act, 1993 .

(2) Chapter III of Part II of the Act of 1993 is amended—

(a) by the substitution of the following for section 74, as amended by section 81 of the Finance Act, 1996 :

and

(b) by the substitution of the following for subsection (3) of section 75:

“(3) The Revenue Commissioners may, subject to compliance with such conditions for securing payment of the duty as they may think fit to impose, permit payment of the duty imposed by paragraph 6(2) of the Order of 1975, to be deferred to a day not later than the last day of the month succeeding the month in which the duty is payable.”,

(3) The Imposition of Duties (No. 221) (Excise Duties) Order, 1975 (S.I. 307 of 1975) is amended—

(a) by the substitution of the following for subparagraph (3) (inserted by section 93 of the Finance Act, 1998 ) of Paragraph 4:

“(3) The Revenue Commissioners may, subject to compliance with such conditions for securing payment of the duty as they may think fit to impose, permit payment of the duty imposed by subparagraph (2) of this Paragraph to be deferred to a day not later than the last day of the month succeeding the month in which the duty is payable.”,

and

(b) by the substitution of the following for subparagraph (2A) (as amended by section 75 of the Finance Act, 1993 ) of Paragraph 5:

“(2A) The Revenue Commissioners may, subject to compliance with such conditions for securing payment of the duty as they may think fit to impose, permit payment of the duty imposed by subparagraph (2) of this Paragraph to be deferred to a day not later than the last day of the month in which the duty is payable.”.