Finance Act, 2002
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Tobacco products. |
88.—(1) In this section and in Schedule 4— | |
“Act of 1977” means the Finance (Excise Duty on Tobacco Products) Act, 1977 ; | ||
“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 section 94 of this Act. | ||
(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 Schedule 4 to the Finance Act, 2001 , be charged, levied and paid— | ||
(a) as on and from 6 December 2001, at the several rates specified in Part 1 of Schedule 4, and | ||
(b) as on and from 1 January 2002, at the several rates specified in Part 2 of Schedule 4. |