Finance Act, 2000

Amendment of section 133 (chargeable value of Finance Act. 1992.

101.Section 133 of the Finance Act, 1992 , is amended in subsection (2)—

(a) by the substitution of the following paragraph for paragraph (c):

“(c) Notwithstanding the provisions of paragraph (b), where a price stands declared for a vehicle in accordance with this subsection which, in the opinion of the Commissioners, is higher or lower than the open market selling price at which a vehicle of that model and specification or a vehicle of a similar type and character is being offered for sale in the State while such price stands declared, the open market selling price may be determined from time to time by the Commissioners for the purposes of this section.”,


(b) in paragraph (d) (inserted by the Finance (No. 2) Act, 1992 ). by the substitution of “may be determined from time to time” for “may be determined”.