PART 2Excise duties and other taxes
Vehicle excise duty
84VED: extension of old vehicles exemption from 1 April 2014
1
In Schedule 2 to VERA 1994 (exempt vehicles) in paragraph 1A(1) (exemption for old vehicles) for “1973” substitute “1974”.
2
The amendment made by subsection (1) is treated as having come into force on 1 April 2014.
3
While a vehicle licence is in force in respect of a vehicle which is an exempt vehicle by virtue of subsection (1)—
a
nothing in that subsection has the effect that a nil licence is required to be in force in respect of the vehicle, but
b
for the purposes of section 33 of VERA 1994 the vehicle is to be treated as one in respect of which vehicle excise duty is chargeable.