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Prospective
7(1)In section 6AB (which charges excise duty on bioblend and is inserted by section 5 of this Act), in subsection (1), omit the words from “and delivered" to the end.
(2)For subsection (6) of that section substitute—
“(6)Where—
(a)imported bioblend is removed to relevant premises,
(b)the bioblend undergoes a production process at those premises or any other relevant premises, and
(c)any duty charged on the importation of the bioblend 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.
(7)In subsection (6) above—
“the production time” means the time at which the bioblend undergoes the production process; and
“relevant premises” means—
a refinery,
other premises used for the production of hydrocarbon oil, or
premises of such description as may be specified in regulations made by the Commissioners.
(8)For the purposes of subsection (6) above, bioblend undergoes a production process if—
(a)hydrocarbon oil, or bioblend, of any description, or biodiesel, is obtained from it, or
(b)it is subjected to any process of purification or blending.”.
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