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Finance Act 1934
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SCHEDULES
Section 1.
FIRST SCHEDULERates of Customs Duties and Drawbacks on Certificated Colonial Sugar
PART IRates of Duty on Certificated Colonial Sugar
| Article. | Rate of Duty. | ||
|---|---|---|---|
| s. | d. | ||
| Sugar of a polarisation exceeding 99° | the cwt. | 2 | 4.7 |
| Sugar of a polarisation exceeding :— | |||
| 98° but not exceeding 99° | the cwt. | 1 | 6.3 |
| 97 but not exceeding 98 | the cwt. | 1 | 5.8 |
| 96 but not exceeding 97 | the cwt. | 1 | 5.3 |
| 95 but not exceeding 96 | the cwt. | 1 | 4.8 |
| 94 but not exceeding 95 | the cwt. | 1 | 4.4 |
| 93 but not exceeding 94 | the cwt. | 1 | 3.9 |
| 92 but not exceeding 93 | the cwt. | 1 | 3.5 |
| 91 but not exceeding 92 | the cwt. | 1 | 3.0 |
| 90 but not exceeding 91 | the cwt. | 1 | 2.6 |
| 89 but not exceeding 90 | the cwt. | 1 | 2.1 |
| 88 but not exceeding 89 | the cwt. | 1 | 1.6 |
| 87 but not exceeding 88 | the cwt. | 1 | 1.3 |
| 86 but not exceeding 87 | the cwt. | 1 | 0.8 |
| 85 but not exceeding 86 | the cwt. | 1 | 0.5 |
| 84 but not exceeding 85 | the cwt. | 1 | 0.2 |
| 83 but not exceeding 84 | the cwt. | 11.8 | |
| 82 but not exceeding 83 | the cwt. | 11.5 | |
| 81 but not exceeding 82 | the cwt. | 11.2 | |
| 80 but not exceeding 81 | the cwt. | 10.9 | |
| 79 but not exceeding 80 | the cwt. | 10.5 | |
| 78 but not exceeding 79 | the cwt. | 10.2 | |
| 77 but not exceeding 78 | the cwt. | 9.9 | |
| 76 but not exceeding 77 | the cwt. | 9.6 | |
| Sugar of a polarisation not exceeding 76° | the cwt. | 9.6 | |
PART IIScales of Drawback in case of Sugar and Molasses Manufactured from Certificated Sugar
TABLE I.
Scale Applicable in the case of Sugar
| Degree of Polarisation. | Rate or Amount of Drawback. |
|---|---|
| Of a polarisation exceeding 99° { | Where the rate of duty paid was 2s. 4.7d. the cwt., a drawback at the same rate. |
| Where a rate of duty less than 2s. 4.7d. the cwt. was paid, a drawback at the rate of 1s. 7.4d. the cwt. | |
| Of a polarisation not exceeding 99°. | A drawback equal to the duty specified in Part I of this Schedule in the case of sugar of the like polarisation. |
TABLE II.
Scale Applicable in the case of Molasses
| Nature of Molasses. | Amount of Drawback. | |
|---|---|---|
| s. | d. | |
| If containing not more than 50 per cent. of sweetening matter and weighing not less than 14 pounds to the gallon - the cwt. | 0 | 4 ½ |
| If containing more than 50 per cent. but not more than 60 per cent. of sweetening matter - the cwt. | 0 | 7 |
| If containing more than 60 per cent. but not more than 70 per cent. of sweetening matter - the cwt. | 0 | 9 |
| If containing more than 70 per cent. but not more than 80 per cent. of sweetening matter - the cwt. | 1 | 0 ½ |
| If containing more than 80 per cent. of sweetening matter - the cwt. | 1 | 2 ½ |
Section 9.
SECOND SCHEDULEGoods exempted from Duties under 22 & 23 Geo. 5. c. 8 when imported for certain shipbuilding purposes
1Iron or steel shafts and shafting (including turbine rotor shafts) and cranks and webs therefor.
2Iron or steel connecting rods, piston rods and cross-heads.
3Iron or steel plates not less than one eighth of an inch nor more than two inches in thickness.
4Iron or steel shrouds for turbine gear wheels.
5Iron or steel cylinder cover castings and piston castings.
6Propellor castings, being complete propellors or blades or bosses.
Section 18.
THIRD SCHEDULEAmended Rates of Duty in the case of Certain Mechanically Propelled Vehicles
PART IParagraph to be Substituted for Paragraph 1 of the Second Schedule to the Finance Act, 1920
| Description of vehicle. | Rate of duty. | ||
|---|---|---|---|
| The duty chargeable under sub-paragraph (b) of this paragraph in respect of any bicycle shall be chargeable in addition to the duty chargeable on the bicycle under sub-paragraph (a) of this paragraph. | |||
| £ | s. | d. | |
| 1. Cycles (including motor scooters and cycles with an attachment for propelling them by mechanical power) not exceeding 8 cwt. in weight unladen:— | |||
| (a) Bicycles— | |||
| Where the cylinder capacity of the engine thereof— | |||
| (i) does not exceed 150 cubic centimetres | 0 | 12 | 0 |
| (ii) exceeds 150 cubic centimetres but does not exceed 250 cubic centimetres | 1 | 2 | 6 |
| (iii) exceeds 250 cubic centimetres— | |||
| in a case where the bicycle is one in respect of which a licence was taken out before the first day of January, nineteen hundred and thirty-three, and does not exceed 224 lbs. in weight unladen | 1 | 2 | 6 |
| in any other case | 2 | 5 | 0 |
| (b) Bicycles, if used for drawing a trailer or sidecar | 0 | 15 | 0 |
| (c) Tricycles | 4 | 0 | 0 |
PART IIParagraph to be Substituted for Paragraph 6 of the Second Schedule to the Finance Act, 1920
| Description of vehicle. | Rate of duty. | ||
|---|---|---|---|
| £ | s. | d. | |
| 6. Any vehicles other than those charged with duty under the foregoing provisions of this Schedule : | |||
| Electrically propelled vehicles | 4 | 10 | 0 |
| Other vehicles— | |||
| not exceeding 6 horse-power | 4 | 10 | 0 |
| exceeding 6 horse-power— | |||
| for each unit or part of a unit of horsepower | 0 | 15 | 0 |
Section 30.
FOURTH SCHEDULEEnactments Repealed
| Session and Chapter. | Short title. | Extent of repeal. |
|---|---|---|
| 8 & 9 Geo. 5. c. 40. | The Income Tax Act, 1918. | Rule 5 of No. III of Schedule A. |
| 14 & 15 Geo. 5. c. 21. | The Finance Act, 1924. | As from the first day of October, nineteen hundred and thirty-four, in subsection (1) of section eighteen the words from " subject to the payment " to " ten shillings." |
| 16 & 17 Geo. 5. c. 22. | The Finance Act, 1926. | In subsection (2) of section ten the words from " and the duty " to the end of the subsection ; in the third column of the Third Schedule the figure 5; and, as from the first day of January, nineteen hundred and thirty-five, in section forty-two the words " or under paragraph 6 of the " Second Schedule to the " Finance Act, 1920." |
| 21 & 22 Geo. 5. c 28. | The Finance Act, 1931. | Sections ten to twenty-seven; sections twenty - nine to thirty-one; in section thirty-two the words from " Agricultural land " to the end of the definition of " Farmhouse," the definitions of " Local authority" and " Mineral wayleave," and the words from " Playing field " to the end of the section ; section thirty-three ; in section thirty-four the words " in connection with the value of land " and the words from " and any " to "1910"; paragraphs (a) to (e), (g) to (v), (y) and (z) of section thirty-five and in paragraph (f) of that section the words "' Tithe' means ' teind,'" the words "' mortgagee,' ' mortgaged estate' and," and the words from " incumbrance " to the end of the paragraph; and the First Schedule. |
| 22 & 23 Geo. 5. c. 8. | The Import Duties Act, 1932. | Proviso (a) to subsection (5) of section nineteen. |
| 22 & 23 Geo. 5. c. 25. | The Finance Act, 1932. | Subsections (1) and (3) of section two; in paragraph (b) of subsection (2) of section nine the words " in the " manufacture of goods of " that class or description "; section twenty-seven; the First Schedule; and, as from, the first day of January, nineteen hundred and thirty-five, section thirteen. |
| 23 & 24 Geo. 5. c. 19 | The Finance Act, 1933. | Subsection (4) of section six. |
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