Finance Act, 1986

Reduction and termination of excise duty on motor vehicle parts and accessories.

75.—(1) The Order of 1975 shall be amended, with effect as on and from the 1st day of September, 1986, by the substitution in column (2) of the Fifth Schedule at reference number 2 of “5 per cent.” for “10 per cent.” (inserted by section 34 of the Finance Act, 1985 ).

(2) The duty of excise on motor vehicle parts and accessories imposed by paragraph 14 (3) of the Order of 1975 shall not be charged or levied on or after the 1st day of January, 1987.