S.I. No. 129/1958 - Imposition of Duties (No. 35) (Iron and Steel Bars, Rods and Sections) Order, 1958.

S.I. No. 129 of 1958.

IMPOSITION OF DUTIES (No. 35) (IRON AND STEEL BARS, RODS AND SECTIONS) 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. 35) (Iron and Steel Bars, Rods and Sections) Order, 1958.

2. Section 9 of and the First Schedule to the Finance Act, 1940 (No. 14 of 1940), shall as respects articles imported on or after the 13th day of June, 1958, which are bars, rods or sections of the kind described (by virtue of the amendments effected by the Emergency Imposition of Duties (No. 308) (Iron and Steel Wire, Bars and Sections) Order, 1953 ( S.I. No. 198 of 1953 ), and the Emergency Imposition of Duties (No. 396) (Iron and Steel Bars, Rods and Sections) Order, 1957 ( S.I. No. 69 of 1957 )) in the second column of that Schedule at reference number 6 have effect as if—

(a) in the third column of that Schedule at that reference number "Whichever of the following rates produces in respect of each particular article, the greater amount of duty, that is to say : 37½%, thirty pounds the ton." were substituted for "37½%",

(b) in the fourth column of that Schedule at that reference number—

(I) "a rate were specified in the fourth column of the said Schedule opposite the mention of the said articles in the said second column equal to whichever of the following rates produces in each particular case the greater amount of duty, namely :

(i) the rate of an amount equal to twenty-five per cent. of the value of the article,

(ii) twenty pounds the ton ;"

were substituted for "the rate of an amount equal to twenty-five per cent. of the value of the article were specified in the fourth column of the said Schedule opposite the mention of the said articles in the said second column;" in the provision insertedin the said fourth column at that reference number by the said Emergency Imposition of Duties (No. 308) (Iron and Steel Wire, Bars and Sections) Order, 1953, and

(II) the following provision were inserted, namely : "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 mentioned, as chargeable with duty, at this reference number on payment of the duty mentioned at this reference number at the rate which obtained immediately before the 13th day of June, 1958, provided that—

(a) application for such licence is made to the Minister for Industry and Commerce on or before the 13th day of July, 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 13th day of June, 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 6th day of June, 1958.

ÉAMON DE VALÉRA,

Taoiseach.

EXPLANATORY NOTE.

This Order provides for the imposition of a minimum specific Customs duty of £30 (full) £20 (U.K. and Canada) per ton on certain iron and steel bars, rods and sections.