Clause 12 - Fuel substitutes
Finance Bill
3:00 pm
Mr John Healey (Economic Secretary, HM Treasury; Wentworth, Labour)
The clause makes a necessary technical amendment to the Hydrocarbon Oil Duties Act 1979. It is not a requirement of the European Union that we do so. The purpose of the clause is to ensure the agreement of all Finance Bill provisions relating to biofuels. It is a necessary change to ensure consistency in the application of duty charges on fuels and it takes into account the current and future development of new fuels.
Question put and agreed to.
Clause 12 ordered to stand part of the Bill.