Section 84 — Finance Act 2014: VED: extension of old vehicles exemption from 1 April 2014

VED: extension of old vehicles exemption from 1 April 2014 84 1 In Schedule 2 to VERA 1994 (exempt vehicles) in paragraph 1A(1) (exemption for old vehicles) for “1973” substitute “ 1974 ” .

2 The amendment made by subsection (1) is treated as having come into force on 1 April 2014.

3 While a vehicle licence is in force in respect of a vehicle which is an exempt vehicle by virtue of subsection (1)—

a nothing in that subsection has the effect that a nil licence is required to be in force in respect of the vehicle, but b for the purposes of section 33 of VERA 1994 the vehicle is to be treated as one in respect of which vehicle excise duty is chargeable.