Part I Excise Duties

Hydrocarbon oil duties

7 Rates of duties and rebates.

1

In section 6(1A) of the M1Hydrocarbon Oil Duties Act 1979 (rates of duty on hydrocarbon oil)—

a

in paragraph (a) (light oil), for “£0.4510" there shall be substituted “ £0.4926 ”;

b

in paragraph (b) (ultra low sulphur diesel), for “£0.3928" there shall be substituted “ £0.4299 ”; and

c

in paragraph (c) (heavy oil that is not ultra low sulphur diesel), for “£0.4028" there shall be substituted “ £0.4499 ”.

2

In section 11(1) of that Act (rebate on heavy oil)—

a

in paragraph (a) (fuel oil), for “£0.0200" there shall be substituted “ £0.0218 ”; and

b

in each of paragraphs (b) and (ba) (gas oil which is not ultra low sulphur diesel and ultra low sulphur diesel), for “£0.0258" there shall be substituted “ £0.0282 ”.

3

In section 13A(1A) of that Act (rebate on unleaded petrol)—

a

in paragraph (a) (higher octane unleaded petrol), for “£0.0150" there shall be substituted “ £0.0050 ”; and

b

in paragraph (b) (other unleaded petrol), for “£0.0482" there shall be substituted “ £0.0527 ”.

4

In section 14(1) of that Act (rebate on light oil for use as furnace fuel), for “£0.0200" there shall be substituted “ £0.0218 ”.

5

This section shall be deemed to have come into force at 6 o’clock in the evening of 17th March 1998.