Finance Act, 1904

Re-arrangement of tobacco drawbacks and provision as to moisture.

26 & 27 Vict. c. 7.

61 & 62 Vict. c. 10.

50 & 51 Vict. c. 15.

3.—(1) Drawback allowed under section one of the Manufactured Tobacco Act, 1863, as extended or amended by any subsequent Act, on tobacco exported from Great Britain or Ireland or deposited in a bonded or King's warehouse shall, as from the fourth day of May nineteen hundred and four, be allowed at the rates set out in the Schedule to this Act, instead of at the rate in force before that date, but subject to the provisions contained in that Schedule.

(2) Section two of the Finance Act, 1898, is hereby repealed, and in section four of the Customs and Inland Revenue Act, 1887 (which relates to moisture in tobacco), the words “thirty-two per centum” shall be substituted for the words “thirty-five per centum.”