Part I Excise duties

Vehicle excise duty

21 Increase in general rate.

(1)

In paragraph 1 of Schedule 1 to the M1Vehicle Excise and Registration Act 1994 (rate of duty applicable where no other rate specified)—

(a)

in sub-paragraph (2) (the standard rate), for “£155" substitute “ £160 ”; and

(b)

in sub-paragraph (2A) (the reduced rate), for “£100" substitute “ £105 ”.

(2)

This section applies to licences issued on or after 1st March 2001.