PART 9Other taxes and duties
Vehicle excise duty
151VED: extension of old vehicles exemption from 1 April 2017
(1)
Paragraph 1A of Schedule 2 to VERA 1994 (exemption for old vehicles) is amended as follows.
(2)
In sub-paragraph (1) for the words from “if” to the end substitute “during the period of 12 months beginning with 1 April in any year if it was constructed more than 40 years before 1 January in that year.”
(3)
After that sub-paragraph insert—
“(1A)
But nothing in sub-paragraph (1) has the effect that a nil licence is required to be in force in respect of a vehicle while a vehicle licence is in force in respect of it.”
(4)
The amendments made by this section come into force on 1 April 2017.