Search Legislation

Finance Act 1998

 Help about what version

What Version

 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally enacted).

6Charge on production without delivery

(1)In section 6 of the [1979 c. 5.] Hydrocarbon Oil Duties Act 1979 (excise duty on imported hydrocarbon oil and on oil produced and delivered for home use), in subsection (1)—

(a)for “subsections (2) and” there shall be substituted “subsection”; and

(b)the words from “and delivered” to “above” shall be omitted.

(2)For subsection (2) of that section there shall be substituted the following subsections—

(2)Where—

(a)imported hydrocarbon oil is removed to relevant premises,

(b)the oil undergoes a production process at those premises or any other relevant premises, and

(c)any duty charged on the importation of the oil has not become payable at any time before the production time,

the duty charged on importation shall not become payable at any time after the production time.

(2AA)In subsection (2) above—

  • “the production time” means the time at which the oil undergoes the production process; and

  • “relevant premises” means—

    (a)

    a refinery;

    (b)

    other premises used for the production of hydrocarbon oil; or

    (c)

    premises of such other description as may be specified in regulations made by the Commissioners.

(2AB)For the purposes of subsection (2) above, oil undergoes a production process if—

(a)hydrocarbon oil of another description is obtained from it, or

(b)it is subjected to any process of purification or blending.

(3)The preceding provisions of this section shall come into force on such day as the Commissioners of Customs and Excise may by order made by statutory instrument appoint.

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open The Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act without Schedules as a PDF

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open the Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?