Finance Act, 1929
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Increase of duties on certain mechanically propelled vehicles. |
25.—(1) The excise duties chargeable under section 13 of the Finance Act, 1920 , on the mechanically propelled vehicles mentioned in the Fifth Schedule to this Act shall, as on and from the 1st day of July, 1929, be charged, levied, and paid at the rates specified in the said Fifth Schedule in lieu of the rates specified in paragraph 3 of the Third Schedule to the Finance Act, 1926 (No. 35 of 1926). | |
(2) On and from the 1st day of July, 1929, sub-sections (3) and (5) of section 20 of the Finance Act, 1926 , shall have effect as if the rates of duty specified in the Fifth Schedule to this Act were rates specified in the Third Schedule to that Act. | ||
(3) Every licence taken out under section 13 of the Finance Act, 1920 , in respect of a mechanically propelled vehicle of a class mentioned in the Fifth Schedule to this Act which is in force on the 30th day of June, 1929, and, but for this sub-section, would not expire until after that day, shall expire at midnight on the said 30th day of June, 1929, and so much of the duty paid under the said section 13 in respect of such vehicle on the taking out of such licence as is proportionate to the period for which such licence would, but for this sub-section, have continued in force after the said 30th day of June, 1929, shall be allowed as a credit against duty payable and actually paid in respect of such vehicle under the said section 13 at the rate specified in the Fifth Schedule to this Act for the period or any part or parts of the period beginning on the 1st day of July, 1929, and ending on the 31st day of December, 1929, but nothing in this sub-section shall entitle any person to a refund of such first-mentioned duty or any part thereof. | ||
(4) The purposes for which regulations may be made under section 12 of the Roads Act, 1920 , shall extend to and include the following purposes, that is to say:— | ||
(a) prescribing the method of calculating for the purposes of this section and the Fifth Schedule to this Act the seating capacity of all or any of the classes of mechanically propelled vehicles mentioned in the said Fifth Schedule, and | ||
(b) making provision for all or any matters arising by reason of the fact that the alterations effected by this section in the rates of duty take effect during the currency of a licensing year. |