Finance Act, 1988
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Amendment of section 11 (rates of tax) of Principal Act. |
61.—Section 11 (1) (inserted by the Finance Act, 1985 ) of the Principal Act is hereby amended— | |
(a) by the insertion in paragraph (a) after “in paragraphs (b)” of “, (bb)”, | ||
(b) by the insertion of the following paragraph after paragraph (b): | ||
“(bb) 5 per cent. of the amount on which tax is chargeable in relation to the supply of electricity,”, and | ||
(c) by the substitution in paragraph (d) of “1.4 per cent.” for “1.7 per cent.” (inserted by the Finance Act, 1987 ). |