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S.I. No. 30/1958 - Imposition of Duties (No. 14) (Silk and Artificial Silk) Order, 1958.

S.I. No. 30 of 1958.

IMPOSITION OF DUTIES (No. 14) (SILK AND ARTIFICIAL SILK) ORDER, 1958.

The Government, in exercise of the powers conferred on them by section 1 of the Imposition of Duties Act, 1957 (No. 7 of 1957) hereby order as follows :

1. This Order may be cited as the Imposition of Duties (No. 14) (Silk and Artificial Silk) Order, 1958.

2. The Emergency Imposition of Duties (No. 347) (Silk and Artificial Silk) Order, 1955 ( S.I. No. 66 of 1955 ), shall, as respects articles imported on or after the 7th day of February, 1958, have effect as if—

(a) " two shillings and sixpence " were substituted for " one shilling and two pence ", in paragraph 4,

(b) " one shilling and eight pence " were substituted for " sixpence " in subparagraph (a) of paragraph 5, and

(c) the following paragraph were inserted, namely :

" 7. Whenever the Minister for Finance, after consultation with the Minister for Industry and Commerce, so thinks proper, the Revenue Commissioners may by licence authorise any particular person, subject to compliance with such conditions as they may think fit to impose, to import any article specified in subsection (2) of section 3 of the Finance (Agreement with United Kingdom) Act, 1938 (No. 12 of 1938), on payment of the duty imposed by that subsection at the rate which obtained immediately before the 7th day of February, 1958, provided that—

(a) application for such licence is made to the Minister for Industry and Commerce on or before the 9th day of March, 1958 ;

(b) it is shown to the satisfaction of the Minister for Industry and Commerce that the articles which are the subject of such application were in transit or on order immediately before the 7th day of February, 1958, and

(c) the period of validity of any such licence does not exceed three months."

GIVEN under the Official Seal of the Government, this 31st day of January, 1958.

(Signed) ÉAMON DE VALÉRA,

Taoiseach.

EXPLANATORY NOTE.

The effect of this Order is to increase the rate of duty on artificial or synthetic fabrics costing not more than 1/3 per square yard to 2/6 (full) 1/8 (preferential U.K. and Canada) per sq. yard.