Finance Act, 1985

Hydrocarbons.

29.—(1) The duty of excise on mineral hydrocarbon light oil imposed by paragraph 11 (1) of the Order of 1975 shall be charged, levied and paid, as on and from the 31st day of January, 1985, at the rate of £25.56 per hectolitre in lieu of the rate specified in section 73 (2) of the Finance Act, 1984 .

(2) The duty of excise on hydrocarbon oil imposed by paragraph 12 (1) of the Order of 1975 shall be charged, levied and paid, as on and from the 31st day of January, 1985, at the rate of £18.99 per hectolitre in lieu of the rate specified in section 73 (6) of the Finance Act, 1984 .

(3) In respect of hydrocarbon oil used on or after the 1st day of February, 1985, for the purpose specified in section 35 (5) (b) of the Finance Act, 1981 , the amount of any repayment allowed under the said section shall be the amount of excise duty paid on the quantity of oil so used, in lieu of the amount referred to in section 60 (9) of the Finance Act, 1983 .