Finance Act 2014
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Amendment of section 135D of Finance Act 1992 (repayment of amounts of vehicle registration tax on export of certain vehicles) | ||
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63. (1) Section 135D of the Finance Act 1992 is amended by substituting the following for subsection (2): | ||
“(2) The amount of vehicle registration tax to be repaid shall— | ||
(a) be calculated by reference to the open market selling price (being that price as determined by the Commissioners) of the vehicle at the time of the examination referred to in subsection (1)(d), and | ||
(b) include an amount that is calculated by means of one or more than one formula or other means of calculation as may be prescribed by the Minister by regulations made by him or her under section 141.”. | ||
(2) Subsection (1) comes into operation on such day as the Minister for Finance may appoint by order. |