Finance Act 1993

43 Vehicle fuel for private use

(1) Paragraph 3 of Schedule 6 to the [1986 c. 41.] Finance Act 1986 and the Table B set out after that paragraph (consideration for fuel for private use where business use not less than specified amount) shall not have effect in relation to any case where the prescribed accounting period begins after 5th April 1993.

(2) Accordingly, that Schedule shall have effect in relation to any such case with the following amendments, namely—

(a) in paragraph 5(1)(a), for the words from “cubic capacity” to “in question” there shall be substituted “vehicle specified in Table A above, that Table”;

(b) in paragraph 5(1)(b), for “cubic capacity specified in those Tables” and “the Table in question” there shall be substituted, respectively, “vehicle specified in that Table” and “that Table”;

(c) in paragraph 6(1), for the words from “Tables” onwards there shall be substituted “Table A above is the capacity of its engine as calculated for the purposes of the Vehicles (Excise) Act 1971”; and

(d) in paragraph 6(2), for “Tables A and B” there shall be substituted “Table A”.

(3) Paragraph 4 of that Schedule (power of Treasury to substitute Tables) shall have effect for the purposes of the making of any order after 5th April 1993 with the substitution of “the Table A for the time being” for “either of the Tables”.