Finance Act 1964

10 Stores

(1) Subject to section 272 of the Act of 1952 (by which goods for use in naval ships or establishments may be required to be treated as exported), any goods for use in a ship or aircraft as merchandise for sale by retail to persons carried therein shall be treated for the purposes of the customs and excise Acts as stores, and any reference in those Acts to the consumption of stores shall, in relation to goods so treated, be construed as referring to the sale thereof as aforesaid.

(2) Section 18 of the Purchase Tax Act 1963 (which affords relief from purchase tax in respect of goods exported or being ships' stores) shall be amended as follows, that is to say:—

(a) for the words " ships' stores " in subsection (4) there shall be substituted the words " stores for use in any ship or aircraft "; and

(b) in that subsection, as so amended, " stores " shall include goods for use as mentioned in subsection (1) above, and any other goods being stores as defined in section 307 of the Act of 1952, and "ship " shall include any boat or other vessel whatsoever.