Part ICUSTOMS AND EXCISE, VALUE ADDED TAX AND CAR TAX

CHAPTER I CUSTOMS AND EXCISE

Management

11 Revenue traders and registered excise dealers and shippers.

1

In section 1 of the M1Customs and Excise Management Act 1979 (interpretation) in subsection (1), after the definition of “Queen’s warehouse” there shall be inserted—

“registered excise dealer and shipper means a revenue trader approved and registered by the Commissioners under section 100G below;

“registered excise dealers and shippers regulations means regulations under section 100G below;

2

In the definition of “revenue trader” in that subsection, in paragraph (a) (person carrying on a trade or business subject to any of the revenue trade provisions of the customs and excise Acts) after the words “customs and excise Acts” there shall be inserted the words

or which consists of or includes—

i

the buying, selling, importation, exportation, dealing in or handling of any goods of a class or description which is subject to a duty of excise (whether or not duty is chargeable on the goods); or

ii

the financing or facilitation of any such transactions or activities,

3

Schedule 4 to this Act shall have effect.