Finance (No. 2) Act 2023 (c. 30)

Part 2 U.K. Alcohol Duty

Chapter 3 U.K. Small producer relief

Valid from 01/08/2023

Mergers and demergers U.K.

63 Modified duty discount U.K.

(1) This section applies in relation to alcoholic products that are produced—

(a) on post-merger production group premises, and

(b) in a merger transition year.

(2) For the purposes of section 59, references to the “relevant production amount” are references to the adjusted post-merger amount (and subsections (3) and (4) of that section do not apply).

(3) Section 58(c) does not apply for the purposes of the application of section 55 or 59 in a merger transition year.

Commencement Information

I1 S. 63 not in force at Royal Assent, see s. 120(2)