Clause 16 - Vans registered on or after 1st march 2001: rates of duty
Finance Bill
10:15 am
Mr Howard Flight (Arundel and South Downs, Conservative)
One understands why it is not practical to give the rate now, as everything must be in place, but if, after March 2003, existing vehicles meet the requirements, it seems unreasonable that they should not qualify for the new rate when in place—that was the second part of the question of my hon. Friend the Member for Christchurch. As I understand the clause, those vehicles that had not qualified on first registration will not qualify for the concession. Once everything is in place, if a vehicle meets that requirement, will it qualify?