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.