Clause 6
Finance (No. 2) Bill
5:30 pm
John Healey (Financial Secretary, HM Treasury; Wentworth, Labour)
The clause amends the duty rates as set out in primary legislation so that they will be the same as the amounts a person is currently liable to pay. It also provides that certain statutory instruments introduced to adjust the liability to duty on hydrocarbon oils and other fuels will cease to have effect. The clause will bring about a technical change. It simplifies the legislation so that the actual rates of duty for road fuels and oils can be easily established by reference to one piece of legislation, rather than sources of primary and secondary legislation, as at present.