Search Legislation

Finance Act 1934

Status:

This is the original version (as it was originally enacted).

FIRST SCHEDULERates of Customs Duties and Drawbacks on Certificated Colonial Sugar

Part IRates of Duty on Certificated Colonial Sugar

Article.Rate of Duty.
s.d.
Sugar of a polarisation exceeding 99°the cwt.24.7
Sugar of a polarisation exceeding :—
98° but not exceeding 99°the cwt.16.3
97 but not exceeding 98the cwt.15.8
96 but not exceeding 97the cwt.15.3
95 but not exceeding 96the cwt.14.8
94 but not exceeding 95the cwt.14.4
93 but not exceeding 94the cwt.13.9
92 but not exceeding 93the cwt.13.5
91 but not exceeding 92the cwt.13.0
90 but not exceeding 91the cwt.12.6
89 but not exceeding 90the cwt.12.1
88 but not exceeding 89the cwt.11.6
87 but not exceeding 88the cwt.11.3
86 but not exceeding 87the cwt.10.8
85 but not exceeding 86the cwt.10.5
84 but not exceeding 85the cwt.10.2
83 but not exceeding 84the cwt.11.8
82 but not exceeding 83the cwt.11.5
81 but not exceeding 82the cwt.11.2
80 but not exceeding 81the cwt.10.9
79 but not exceeding 80the cwt.10.5
78 but not exceeding 79the cwt.10.2
77 but not exceeding 78the cwt.9.9
76 but not exceeding 77the cwt.9.6
Sugar of a polarisation not exceeding 76°the cwt.9.6

Part IIScales of Drawback in case of Sugar and Molasses Manufactured from Certificated SugarTable I

Scale Applicable in the case of Sugar

Degree of Polarisation.Rate or Amount of Drawback.
Of a polarisation exceeding 99°

Where the rate of duty paid was 2s. 4.7d. the cwt., a drawback at the same rate.

Where a rate of duty less than 2s. 4.7d. the cwt. was paid, a drawback at the rate of 1s. 7.4d. the cwt.

Of a polarisation not exceeding 99°.A drawback equal to the duty specified in Part I of this Schedule in the case of sugar of the like polarisation.

Table II

Scale Applicable in the case of Molasses

Nature of Molasses.Amount of Drawback.
s.d.
If containing not more than 50 per cent. of sweetening matter and weighing not less than 14 pounds to the gallon - the cwt.04 ½
If containing more than 50 per cent. but not more than 60 per cent. of sweetening matter - the cwt.07
If containing more than 60 per cent. but not more than 70 per cent. of sweetening matter - the cwt.09
If containing more than 70 per cent. but not more than 80 per cent. of sweetening matter - the cwt.10 ½
If containing more than 80 per cent. of sweetening matter - the cwt.12 ½

SECOND SCHEDULEGoods exempted from Duties under 22 & 23 Geo. 5. c. 8 when imported for certain shipbuilding purposes

1Iron or steel shafts and shafting (including turbine rotor shafts) and cranks and webs therefor.

2Iron or steel connecting rods, piston rods and cross-heads.

3Iron or steel plates not less than one eighth of an inch nor more than two inches in thickness.

4Iron or steel shrouds for turbine gear wheels.

5Iron or steel cylinder cover castings and piston castings.

6Propellor castings, being complete propellors or blades or bosses.

THIRD SCHEDULEAmended Rates of Duty in the case of Certain Mechanically Propelled Vehicles

Part IParagraph to be Substituted for Paragraph 1 of the Second Schedule to the Finance Act, 1920

Description of vehicle.Rate of duty.
1. Cycles (including motor scooters and cycles with an attachment for propelling them by mechanical power) not exceeding 8 cwt. in weight unladen:—£s.d.
(a) Bicycles—

Where the cylinder capacity of the engine thereof—

(i) does not exceed 150 cubic centimetres

0120
(ii) exceeds 150 cubic centimetres but does not exceed 250 cubic centimetres126

(iii) exceeds 250 cubic centimetres—

in a case where the bicycle is one in respect of which a licence was taken out before the first day of January, nineteen hundred and thirty-three, and does not exceed 224 lbs. in weight unladen

126
in any other case250
(b) Bicycles, if used for drawing a trailer or sidecar0150
(c) Tricycles400

The duty chargeable under sub-paragraph (b) of this paragraph in respect of any bicycle shall be chargeable in addition to the duty chargeable on the bicycle under sub-paragraph (a) of this paragraph.

Part IIParagraph to be Substituted for Paragraph 6 of the Second Schedule to the Finance Act, 1920

Description of vehicle.Rate of duty.

6. Any vehicles other than those charged with duty under the foregoing provisions of this Schedule :

Electrically propelled vehicles

£s.d.
4100

Other vehicles—

not exceeding 6 horse-power

4100

exceeding 6 horse-power—

for each unit or part of a unit of horsepower

0150

FOURTH SCHEDULEEnactments Repealed

Session and Chapter.Short title.Extent of repeal.
8 & 9 Geo. 5. c.40.The Income Tax Act, 1918.Rule 5 of No. III of Schedule A.
14 & 15 Geo. 5. c. 21.The Finance Act, 1924.As from the first day of October, nineteen hundred and thirty-four, in subsection (1) of section eighteen the words from " subject to the payment " to " ten shillings."
16 & 17 Geo. 5. c. 22.The Finance Act, 1926.In subsection (2) of section ten the words from " and the duty " to the end of the subsection ; in the third column of the Third Schedule the figure 5; and, as from the first day of January, nineteen hundred and thirty-five, in section forty-two the words " or under paragraph 6 of the " Second Schedule to the " Finance Act, 1920."
21 & 22 Geo. 5. c 28.The Finance Act, 1931.Sections ten to twenty-seven; sections twenty - nine to thirty-one; in section thirty-two the words from " Agricultural land " to the end of the definition of " Farmhouse," the definitions of " Local authority" and " Mineral wayleave," and the words from " Playing field " to the end of the section ; section thirty-three ; in section thirty-four the words " in connection with the value of land " and the words from " and any " to "1910"; paragraphs (a) to (e), (g) to (v), (y) and (z) of section thirty-five and in paragraph (f) of that section the words "' Tithe' means ' teind,'" the words "' mortgagee,' ' mortgaged estate' and," and the words from " incumbrance " to the end of the paragraph; and the First Schedule.
22 & 23 Geo. 5. c. 8.The Import Duties Act, 1932.Proviso (a) to subsection (5) of section nineteen.
22 & 23 Geo. 5. c. 25.The Finance Act, 1932.Subsections (1) and (3) of section two; in paragraph (b) of subsection (2) of section nine the words " in the " manufacture of goods of " that class or description "; section twenty-seven; the First Schedule; and, as from, the first day of January, nineteen hundred and thirty-five, section thirteen.
23 & 24 Geo. 5. c. 19The Finance Act, 1933.Subsection (4) of section six.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enactedversion that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources