(1)Schedule 1 to the [1994 c. 22.] Vehicle Excise and Registration Act 1994 (annual rates of duty) shall be amended as follows.
(2)In paragraph 1(b) (rate for vehicle constructed after 1946 and for which no other rate is specified) for “£130” there shall be substituted “£135”.
(3)In paragraph 3(1)(a) (rate for hackney carriage with seating capacity under nine) for “£130” there shall be substituted “£135”.
(4)In paragraph 10 (trailer supplement)—
(a)in sub-paragraph (2) for “£130” there shall be substituted “£135”;
(b)in sub-paragraph (3) for “£360” there shall be substituted “£370”.
(5)This section shall apply in relation to licences taken out on or after 30th November 1994.