(1)The Treasury may authorise the Secretary of State or the Commissioners of Customs and Excise to make, if he or they think fit, arrangements for securing the refund of [F1duty (whether of customs or excise) paid on imported hydrocarbon oil (within the meaning of the M1Hydrocarbon Oil Duties Act 1979) or value added tax paid on the importation [F2or acquisition from another member State]of such oil which is]—
(a)bought in the United Kingdom; and
(b)used for such purpose that, had [F3it] been imported for that use, exemption from [F3duty] thereon would have been required to be granted by virtue of Article 50 in Schedule 1 to this Act or by virtue of an Order under section 3(1) of this Act . . . F4
(2)Any arrangements made under this section may impose conditions subject to which any refund is to be made.
(3)Any amount refunded under arrangements made under this section shall be defrayed—
(a)if the arrangements are made by the Secretary of State, out of moneys provided by Parliament; and
(b)if the arrangements are made by the Commissioners of Customs and Excise, out of the moneys standing to the credit of the General Account of the Commissioners of Customs and Excise.
Textual Amendments
F1Words substituted by Customs and Excise Management Act 1979 (c. 2, SIF 40:1), s. 177(1), Sch. 4 para. 12
F2Words in s. 8(1) inserted (1.1.1993) by Finance (No. 2) Act 1992 (C.48), s. 14(2), Sch. 3 Pt. III para. 89(2); S.I. 1992/3261, art.3.
F3Words substituted by Customs and Excise Management Act 1979 (c. 2, SIF 40:1), s. 177(1), Sch. 4 para. 12.
F4Words repealed by Diplomatic and other Privileges Act 1971 (c. 64), s. 4(2)(b)
Marginal Citations
