Finance Act 2010
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Amendment of Chapter 1 (alcohol products tax) of Part 2 of Finance Act 2003. |
92.— (1) Chapter 1 of Part 2 of the Finance Act 2003 is amended— | |
(a) in subsection (1) of section 73 by inserting the following definition after the definition of “prohibited goods”: | ||
“ ‘release for consumption’ has the same meaning as it has in Part 2 of the Finance Act 2001 ;”, | ||
(b) in section 75 by substituting the following for subsection (1)— | ||
“(1) In addition to any other duty that may be chargeable, and subject to the provisions of this Chapter and any regulations made under it, a duty of excise, to be known as alcohol products tax, shall be charged, levied and paid at the rates specified in Schedule 2 on all alcohol products— | ||
(a) released for consumption in the State, or | ||
(b) released for consumption in another Member State and brought into the State.”, | ||
(c) in section 76 by substituting the following for subsection (1): | ||
“(1) Liability for alcohol products tax shall arise at the time alcohol products are, either— | ||
(a) released for consumption in the State, or | ||
(b) following release for consumption in another Member State, brought into the State.”. | ||
(2) This section has effect on and from 1 April 2010. |