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Volume 987: debated on Friday 27 June 1980

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asked the Secretary of State for Industry whether the General Electric Company or any other company has expressed an interest in acquiring the

PetrolHeating oils*
Date of changeRate of duty (per gallon)Change in† duty (per gallon)Rate of duty (per gallon)Change in† duty (per gallon)
1947l5 Aprilnil-3½
195018 April60+30½
1951l0 April71+14½
195211 March86+21
19564 December100½+28½
19579 April71-28½
196117 April4+4
196210 April68½+6½
196411 November75½+11½
196711 April75½+74
196819 March80½+7
196915 April86+114
19769 April51½+13
197729 March52½+7½+2
8 August43-7
197912 June44+8
198026 March47½+9
*Fuel oil and gas oil. Kerosene was generally chargeable with the same effective rate of duty as other heating oils until March 1977 when the Budget left unchanged the effective rate on Kerosene, other than aviation kerosene.
†10 per cent. surcharges were imposed on hydrocarbon oils from 26 July 1961—9 April 1962, 21 July 1966—11 April 1967 and 22 November 1968—15 April 1969.