Hydrocarbon Oils (Customs)

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1. "That, as from six o'clock in the evening on the fifteenth day of April, nineteen hundred and forty-seven—

(a) the rate of any rebate allowed under Section two of the Finance Act, 1928, on the delivery for home consumption of—

(i) any oils which contain in solution an amount of hard asphalt of not less than one half of one per cent.; or

(ii) any oils of which not more than fifty per cent. by volume distils at a temperature not exceeding 240 degrees centigrade, and of which more than fifty per cent. by volume distils at a temperature not exceeding 340 degrees centigrade,

shall be increased from eightpence pen gallon to ninepence per gallon;

(b) the duty chargeable by virtue of Subsection (2) of Section eight of the Finance (No. 2) Act, 1945, on oils used in a refinery for generating heat, light or power, or for producing gas, shall cease to be chargeable.

And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913."

Volume 436: debated on Tuesday 22 April 1947