Part IExcise duties
Vehicle excise duty
21Increase 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.