Finance Act 1982

10 Regulator powers

(1) In subsection (2) of section 1 of the [1979 c. 8.] Excise Duties (Surcharges or Rebates) Act 1979 (regulator powers) for the words from " groups of duties " to " every right" there shall be substituted the words " duties to which this section applies, provide for an adjustment—

(a) of any liability to such a duty ; and

(b) of any right".

(2) For subsections (3) and (4) of section 2 of that Act there shall be substituted the following subsection—

“(3) An order

(a) may specify different percentages for different cases ; but

(b) may not provide for both an addition to any amount payable and a deduction from any other amount payable.”.

(3) In subsection (7) of that section (procedure for certain orders) for the words from " with respect to " to the end of paragraph (b) there shall be substituted the words “—

(a) specifies a percentage by way of addition to any amount payable or increases a percentage so specified; or

(b) withdraws or reduces a percentage specified by way of deduction from any amount payable,".”.