Finance Act 1973 Schedule II

Section Text

The Second Schedule

(See section 24)

Part I

In the First Schedule to the Tariff Act, -

(i) in Item No. 29, for the entry in the fourth column, the entry "Fifty paise per linear metre." shall be substituted;

(ii) in Item No. 72A, in the proviso to sub-item (i), -

(a) the words "in advance of their importation" shall be omitted;

(b) the words "and such contract or contracts has or have been so registered before any order is made by the proper officer of customs permitting the clearance for home consumption, or deposit in a warehouse of such items, components or raw materials" shall be inserted at the end.

PART II

Item No.	Name of article		Nature of duty	Standard rate of duty	Preferential rate of duty if the article is the produce or manufacutre of		Duration of protective rates of duty
					The United Kingdom	A British Colony
1	2		3	4	5	6	7
In the First Schedule to the Tariff Act, for the Intem No. 63 (20A), the following Item shall be substituted, namely:-
"63 (20A)		Stainless steel plates, sheets and strips	Revenue	200 per cent. ad valorem

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Section Schedule II of the Finance Act 1973 (Second Schedule) is reproduced on this page as part of the Finance Act 1973. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

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