S.I. No. 183/1962 - Imposition of Duties (No. 126) (Knitted Fabric) Order, 1962.

S.I. No. 183 of 1962.

IMPOSITION OF DUTIES (No. 126) (KNITTED FABRIC) ORDER, 1962.

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. 126) (Knitted Fabric) Order, 1962.

2. In this Order " the Order of 1956 " means the Emergency Imposition of Duties (No. 366) (Knitted Fabric) Order, 1956 ( S.I. No. 32 of 1956 ).

3. The duty of customs imposed by section 7 of the Finance Act, 1936 (No. 31 of 1936), and mentioned at reference number 42 in the First Schedule to that Act, as varied by the Order of 1956, shall, in so far as it is chargeable on knitted fabric made of man-made fibres which is imported on or after the 6th day of November, 1962, be varied as follows :

(a) in any case where, but for this Order, it would have been charged, levied and paid on goods at the rate mentioned in paragraph 4 of the Order of 1956, it shall be charged, levied and paid (subject to the provisions of section 8 of the Finance Act, 1919) on those goods at whichever of the following rates produces, in each particular case, the greater amount of duty, that is to say—

(i) the rate of one shilling and ninepence the square yard, or

(ii) the rate mentioned in paragraph 4 of the Order of 1956;

(b) 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 without payment of the said duty any goods chargeable with such duty or, in the case of any such goods already imported, to take delivery thereof without payment of such duty either, as the Revenue Commissioners shall think proper, without limit as to time or quantity or either of them, or within a specified time or in a specified quantity, but so that no such licence shall be exempt from the provisions of section 15 of the Finance (Agreement with United Kingdom) Act, 1938 (No. 12 of 1938);

(c) 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 goods (being knitted fabric made of man-made fibres), chargeable with the said duty on payment of the said duty at a rate equivalent to the rate at which that duty was chargeable thereon immediately before the 6th day of November, 1962.

GIVEN under the Official Seal of the Government, this 30th day of October, 1962.

SEAN F. LEMASS

Taoiseach.

EXPLANATORY NOTE.

This Order amends the duty on knitted fabric to provide for minimum specific duties of 1/9d. (full) ½d. (preferential) per sq. yard on knitted fabric of man-made fibres.