Part I Duties of Excise
Hydrocarbon oil duties
6 Rates of duty.
(1)
In section 6(1) of the M1Hydrocarbon Oil Duties Act 1979 for “£0.3314” (duty on light oil) and “£0.2770” (duty on heavy oil) there shall be substituted “
£0.3526
”
and “
£0.3044
”
respectively.
(2)
“(3)
The rate of the duty under this section shall be £0.3314 a kilogram.”
(3)
In section 11(1) of that Act (rebate on heavy oil) for “£0.0116” (fuel oil) and “£0.0164” (gas oil) there shall be substituted “
£0.0166
”
and “
£0.0214
”
respectively.
(4)
In section 14(1) of that Act (rebate on light oil for use as furnace fuel) for “£0.0116” there shall be substituted “
£0.0166
”
.
(5)
This section shall be deemed to have come into force at 6 o’clock in the evening of 29th November 1994.