(This note is not part of the Regulations)
The Regulations are made by the Treasury primarily under the Taxation (Cross-border Trade) Act 2018 (c. 22) (“the Act”) as amended by the Taxation (Post-transition Period) Act 2020.
Regulation 2 inserts a new Chapter 6 into Part 2 of the Customs (Northern Ireland) (EU Exit) Regulations 2020 (S.I. 2020/1605) (“the Northern Ireland Regulations”) to provide for repayment or remission of duty charged under section 30A(3) or 40A(1) of the Act where goods that entered Northern Ireland are no longer at risk of entering the European Union.
Regulation 4 makes consequential amendments to the Customs (Contravention of a Relevant Rule) Regulations 2003 (S.I. 2003/3113).
The notices referred to in regulations 16W(4), 16Z1, 16Z2, 16Z6(2)(b) and 16Z10 of the Northern Ireland Regulations, inserted by regulation 2, will be published at https://www.gov.uk/government/collections/customs-vat-and-excise-uk-transition-legislation-from-1-january-2021. A person unable to access the notices electronically may access them in hard copy by post free of charge on application to 03000 523905, and otherwise by inspection free of charge at HMRC, 100 Parliament Street, London SW1A 2BQ.
A Tax Information and Impact Note (TIIN) covering this instrument will be published on the GOV.UK website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.