Section 15 — Finance Act 2008: Rates and rebates: increase from 1 October 2008

Rates and rebates: increase from 1 October 2008 15 1 HODA 1979 is amended as follows.

2 In section 6(1A) (main rates)—

a in paragraph (a) (unleaded petrol), for “£0.5035” substitute “ £0.5235 ” , b in paragraph (b) (light oil other than unleaded petrol), for “£0.6007” substitute “ £0.6207 ” , and c in paragraph (c), (heavy oil), for “£0.5035” substitute “ £0.5235 ” .

3 In section 6AA(3) (rate of duty on biodiesel), for “£0.3035” substitute “ £0.3235 ” .

4 In section 6AD(3) (rate of duty on bioethanol), for “£0.3035” substitute “ £0.3235 ” .

5 In section 8(3) (road fuel gas)—

a in paragraph (a) (natural road fuel gas), for “£0.1370” substitute “ £0.1660 ” , and b in paragraph (b) (other road fuel gas), for “£0.1649” substitute “ £0.2077 ” .

6 In section 11(1) (rebate on heavy oil)—

a in paragraph (a) (fuel oil), for “£0.0929” substitute “ £0.0966 ” , and b in paragraph (b) (gas oil), for “£0.0969” substitute “ £0.1007 ” .

7 In section 14(1) (rebate on light oil for use as furnace fuel), for “£0.0929” substitute “ £0.0966 ” .

8 In section 14A(2) (rebate on certain biodiesel), for “£0.0969” substitute “ £0.1007 ” .

9 The amendments made by this section come into force on 1 October 2008.