Finance Act 2019
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Amendment of Chapter 1 of Part 2 of, and Schedules 2 and 2A to, Finance Act 1999 (mineral oil tax) | ||
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40. (1) The Finance Act 1999 is amended with effect as on and from 9 October 2019— | ||
(a) in section 96(1B), by substituting “A is the amount to be charged per tonne of CO2 emitted, being €26 in the case of petrol, aviation gasoline, and heavy oil used as a propellant or for air navigation or for private pleasure navigation, and €20 in the case of each other description of mineral oil in Schedule 2A” for “A is the amount, €20, to be charged per tonne of CO2 emitted”, | ||
(b) by substituting the following schedule for Schedule 2: | ||
“SCHEDULE 2 | ||
Rates of Mineral Oil Tax | ||
(With effect as on and from 9 October 2019) | ||
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”. | ||
(c) by substituting the following schedule for Schedule 2A: | ||
“SCHEDULE 2A | ||
Carbon Charge | ||
(With effect as on and from 9 October 2019) | ||
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”. | ||
(2) The Finance Act 1999 is further amended with effect as on and from 1 May 2020— | ||
(a) in section 96(1B) (as amended by subsection (1)(a)), by substituting “A is the amount, €26, to be charged per tonne of CO2 emitted” for “A is the amount to be charged per tonne of CO2 emitted, being €26 in the case of petrol, aviation gasoline, and heavy oil used as a propellant or for air navigation or for private pleasure navigation, and €20 in the case of each other description of mineral oil in Schedule 2A”, | ||
(b) in section 96(1C), by substituting “€0.026” for “€0.02”, | ||
(c) in section 98(1), by substituting— | ||
(i) “€71.32” for “€56.31”, and | ||
(ii) “€48.06” for “€38.44”, | ||
(d) by substituting the following schedule for Schedule 2 (as amended by subsection (1)(b)): | ||
“SCHEDULE 2 | ||
Rates of Mineral Oil Tax | ||
(With effect as on and from 1 May 2020) | ||
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”. | ||
and | ||
(e) by substituting the following schedule for Schedule 2A (as amended by subsection (1)(c)): | ||
“SCHEDULE 2A | ||
Carbon Charge | ||
(With effect as on and from 1 May 2020) | ||
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”. |
