Finance (No. 2) Act, 1970

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Amendment of Finance (Excise Duties) (Vehicles) Act, 1952.

2.—(1) The Finance (Excise Duties) (Vehicles) Act, 1952 , shall, as on and from the 1st day of November, 1970, be amended by the substitution in paragraph 1 of Part I of the Schedule thereto of “£1 10s.”, “£3”, “£4 10s.”, “£7”, “£9 10s.”, “£2 10s.”, “£12 10s.”, “£9 10s.” and “£3” as the rates of duty in lieu of “£1 5s.”, “£2 10s.”, “£3 15s.”, “£5 12s. 6d.”, “£7 10s.”, “£1 17s. 6d.”, “£10”, “£7 10s.” and “£2 10s.” respectively.

(2) Subject to subsection (3) of this section, the Finance (Excise Duties) (Vehicles) Act, 1952 , shall, as on and from the 1st day of November, 1970, be amended by the substitution in Part I of the Schedule thereto of the following subparagraph for subparagraph (d) of paragraph 6:

(3) Subsection (2) of this section shall not have effect in relation to any vehicle—

(a) which is used as a small public service vehicle within the meaning of the Road Traffic Act, 1961 , and for no other purpose,

(b) which is fitted with a taximeter and is lawfully used as a street service vehicle within the meaning of the Road Traffic Act, 1961 , or for purposes incidental to such user and for no other purpose, or

(c) which is used as a hearse and for no other purpose.

(4) Proceeds of the increases of duties effected by this section, calculated in such manner as the Minister for Finance may direct, shall, notwithstanding section 3 of the Finance (Excise Duties) (Vehicles) Act, 1952 , be disregarded in any determination of a sum to be issued out of the Central Fund under section 2 (1) of the Roads Act, 1920 .