Finance Act, 1974

PART II

Customs and Excise

Waiver of small amounts of customs duty.

76.—(1) Subject to subsection (2) of this section, where the customs duty on the goods contained in one consignment or parcel imported on or after the 1st day of September, 1974, would, when computed according to the laws for the time being in force in relation to customs duties, amount to a sum not exceeding 50 pence, the duty shall be waived.

(2) The duties chargeable on tobacco, spirits and wine shall not be waived under this section.

(3) Section 7 of the Finance Act, 1962 , shall not apply to goods imported on or after the 1st day of September, 1974.