7 Rates

Vehicle excise duty

7 听搁补迟别蝉

(1)聽聽聽聽 VERA 1994 is amended as follows.

(2)聽聽聽聽 In section 4 (vehicle licences: amount of duty), omit鈥

(a)聽聽聽聽 subsection (3) (treatment of fractions of five pence in determining rate of duty on six month licence which is set at 55% of annual rate), and

(b)聽聽聽聽 in subsection (7) (power to amend or repeal by order), 鈥渙r (3)鈥.

(3)聽聽聽聽 In section 13(3)(b) (trade licences: annual rate of duty for licences not to be used only for motorcycles not exceeding 450 kilograms in weight unladen) as currently in force, for 鈥渁nnual rate currently applicable to a vehicle under paragraph 1(2) of Schedule 1鈥 substitute 鈥渂asic goods vehicle rate currently applicable鈥.

(4)聽聽聽聽 In section 13(4)(b) (trade licences: annual rate of duty for licences not to be used only for motorcycles not exceeding 450 kilogrammes in weight unladen) as set out in paragraph 8(1) of Schedule 4 to have effect on and after a day appointed by

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