SCHEDULES
SCHEDULE 4Vehicle excise duty: further provision about rates of duty etc
3
1
Section 19 (rebates) is amended as follows.
2
In subsection (1), for “from the Secretary of State the amount specified in subsection (2)” substitute “
the relevant amount from the Secretary of State
”
.
3
Omit subsection (2).
4
After subsection (3) insert—
3A
Subject to subsection (3B), the relevant amount is an amount equal to one-twelfth of the annual rate of duty chargeable on the licence (at the time when it was taken out) in respect of each complete month of the period of the currency of the licence which is unexpired when the application is made.
3B
Where—
a
the licence is the first vehicle licence for the vehicle,
b
the application is made by virtue of paragraph (d), (e) or (f) of subsection (3), and
c
the annual rate of duty rate chargeable on the licence (at the time when it was taken out) would have been lower if it had not been the first vehicle licence for the vehicle,
the relevant amount is an amount equal to one-twelfth of that lower annual rate of duty in respect of each such complete month.