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(1)Section thirteen of the [10 & 11 Geo. 5. c. 18.] Finance Act, 1920 (which imposes excise duties on mechanically propelled vehicles) shall have effect as respects vehicles of an unladen weight exceeding twelve cwt. and not exceeding one tort as if the respective rates of duty specified in the Second Schedule to this Act were substituted—
(a)for the rates of duty specified in sub-paragraphs (a), (b) and (c) of paragraph 5 of the Second Schedule to the Finance Act, 1920, in respect of goods vehicles of the descriptions therein mentioned ; and
(b)for the rate of duty specified in Part III of the Second Schedule to the Finance (No. 2) Act, 1945, in respect of local authorities' watering vehicles not electrically propelled (but not-including the additional duty payable in respect thereof if used for drawing a trailer).
(2)This section shall come into operation on the first day of January, nineteen hundred and forty-seven.
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