Finance Act 2003
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Tobacco products. |
96.—(1) In this section and in Schedule 3— | |
“Act of 1977” means the Finance (Excise Duty on Tobacco Products) Act 1977 ; | ||
“Act of 2002” means the Finance Act 2002 ; | ||
“cigarettes”, “cigars”, “fine-cut tobacco for the rolling of cigarettes” and “smoking tobacco” have the same meanings as they have in the Act of 1977, as amended by section 86 of the Finance Act 1997 , and by section 94 of the Act of 2002. | ||
(2) The duty of excise on tobacco products imposed by section 2 of the Act of 1977 shall, in lieu of the several rates specified in Part 2 of Schedule 4 to the Act of 2002, be charged, levied and paid, as on and from 5 December 2002, at the several rates specified in Schedule 3. |