Finance Act, 1980

Increase of excise duties on licences for mechanically propelled vehicles.

90.—(1) Section 94 of the Finance Act, 1973 , is hereby amended by—

(a) the substitution of “£5” for “£1” in paragraph (a) of subsection (2), and

(b) the substitution of “£10” for “£5” in paragraph (b) of subsection (2).

(2) This section shall have effect—

(a) as respects licences under section 1 of the Finance (Excise Duties) (Vehicles) Act, 1952 , taken out for periods beginning on or after the 1st day of April, 1980, in respect of specified vehicles (within the meaning of the said section 94), and

(b) as respects other mechanically propelled vehicles to which the said section 94 applies and in respect of which licences under the said section 1 are taken out for periods beginning on or after the said 1st day of April, 1980.