Finance Act, 1962

Waiver of small amounts of customs duty.

7.—(1) Subject to subsection (2) of this section, where the customs duty on the goods contained in one consignment or parcel imported on or after the 1st day of August, 1962, or the date of the passing of this Act (whichever is the later) would, when computed according to the laws for the time being in force in relation to customs duties, amount to a sum not exceeding two shillings and sixpence, the duty shall be waived.

(2) The duties chargeable on tobacco, spirits and wine shall not be waived under this section.