Finance (No.2) Bill
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[NOTE: This Bill is divided into two volumes. Volume I contains the Clauses of the Bill. Volume II contains the Schedules to the Bill.]
A
B I L L
[AS AMENDED IN COMMITTEE AND IN STANDING COMMITTEE E]
TO
Grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.
Most Gracious Sovereign,
WE, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:-
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PART I |
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EXCISE DUTIES |
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Alcoholic liquor duties |
| Rate of duty on beer. |
1. - (1) In section 36(1) of the Alcoholic Liquor Duties Act 1979 (rate of duty on beer), for "£11.14" there shall be substituted "£11.50".
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(2) This section shall come into force on 1st January 1999.
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| Adjustment of rates of duty on sparkling liquors. |
2. - (1) The Alcoholic Liquor Duties Act 1979 shall be amended as follows.
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(2) In Part I of the Table of rates of duty in Schedule 1, in column 2 of the fourth entry (rate of duty per hectolitre on sparkling wine or made-wine of a strength exceeding 5.5 per cent. but less than 8.5 per cent.), for "201.50" there shall be substituted "161.20".
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(3) In section 62(1A)(a) (rate of duty per hectolitre on sparkling cider of a strength exceeding 5.5 per cent.), for "£37.54" there shall be substituted "£45.05".
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(4) This section shall be deemed to have come into force at 6 o'clock in the evening of 17th March 1998.
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| Rates of duty on wine and made-wine. |
3. - (1) For Part I of the Table of rates of duty in Schedule 1 to the Alcoholic Liquor Duties Act 1979 (wine and made-wine of a strength not exceeding 22 per cent.) there shall be substituted-
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PART I |
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WINE OR MADE-WINE OF A STRENGTH NOT EXCEEDING 22 PER CENT. |
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Description of wine or made-wine |
Rates of duty per hectolitre |
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£ |
Wine or made-wine of a strength not exceeding 4 per cent. |
46.01 |
Wine or made-wine of a strength exceeding 4 per cent. but not exceeding 5.5 per cent. |
63.26 |
Wine or made-wine of a strength exceeding 5.5 per cent. but not exceeding 15 per cent. and not being sparkling |
149.28 |
Sparkling wine or sparkling made-wine of a strength exceeding 5.5 per cent. but less than 8.5 per cent. |
161.20 |
Sparkling wine or sparkling made-wine of a strength of 8.5 per cent. or of a strength exceeding 8.5 per cent. but not exceeding 15 per cent. |
213.27 |
Wine or made-wine of a strength exceeding 15 per cent. but not exceeding 22 per cent. |
199.03 |
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| | (2) This section shall come into force on 1st January 1999.
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| Rates of duty on cider. |
4. - (1) In section 62(1A) of the Alcoholic Liquor Duties Act 1979 (rates of duty on cider), for paragraphs (b) and (c) there shall be substituted the following paragraphs-
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"(b) £37.92 per hectolitre in the case of cider of a strength exceeding 7.5 per cent. which is not sparkling cider; and |
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(c) £25.27 per hectolitre in any other case." |
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(2) This section shall come into force on 1st January 1999.
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| Drawback of excise duty on beer. |
5. - (1) Section 42 of the Alcoholic Liquor Duties Act 1979 (drawback on exportation, shipment as stores etc.) shall cease to have effect.
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(2) Subsection (1) above shall come into force on such day as the Commissioners of Customs and Excise may by order made by statutory instrument appoint.
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