Section 60A — Finance Act 2014: Power to make regulations about stores

Power to make regulations about stores 60A 1 The Commissioners may by regulations make provision in relation to goods for use on a ship or aircraft as stores.

2 The provision that may be made by regulations under subsection (1) includes—

a provision permitting, in specified circumstances, goods to be shipped or carried as stores without payment of duty or on drawback;

b provision requiring authorisation to be obtained, in specified circumstances, for goods to be shipped or carried as stores as mentioned in paragraph (a) above;

c provision about obtaining such authorisation;

d provision enabling such authorisation to be withdrawn in specified circumstances;

e provision for the supply, shipping or carriage of goods as stores as mentioned in paragraph (a) above to be subject to specified conditions or restrictions;

f provision as to any procedure to be followed in supplying goods to be shipped or carried as stores as mentioned in paragraph (a) above.

3 Regulations made by virtue of subsection (2)(a) may include—

a provision requiring duty to be paid on goods shipped or carried as stores without payment of duty or on drawback where those goods are—

i consumed on a journey of a specified description; or ii consumed in specified circumstances in port;

b provision as to the persons by whom such duty is payable;

c provision about the way in which, and the time at which, such duty is to be paid;

and d provision for goods, in specified circumstances, to be treated as having been consumed on a journey or in port.

4 The provision that may be made by regulations under this section includes—

a different provision for different cases;

and b incidental, supplemental, consequential or transitional provision or savings.

5 In this section “ specified ” means—

a specified in regulations made under this section; or b specified by the Commissioners under such regulations.