The Finance Act 2003, Part 3 (Amendment) Order 2018

Amendment of Part 3 of the Act

This section has no associated Explanatory Memorandum

4.  In section 24 (introductory)(1)—

(a)in subsection (2)(b) and (c), for “Community” substitute “Union”;

(b)in subsection (3)—

(i)omit the entries for “the Community Customs Code”, “Community export duty” and “Community import duty”;

(ii)in the entry for “preferential tariff country”, for “Article 20(3)(d) of the Community Customs Code” substitute “Article 56(2)(d) of the Union Customs Code”;

(c)at the end of that subsection insert—

“Union Customs Code” means Regulation (EU) No 952/2013(2) of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code;

“Union export duty” means export duty, as defined in Article 5(21) of the Union Customs Code;

“Union import duty” means import duty, as defined in Article 5(20) of the Union Customs Code.;

(d)in subsections (4) and (5)(a), for “Community Customs Code” substitute “Union Customs Code”.

(1)

Section 24 was amended by article 4(1) of the Treaty of Lisbon (Changes in Terminology) Order S.I. 2011/1043.

(2)

OJ No L 269, 10.10.2013, p 1.