Section 7: Rates of duties and rebates.

Finance Act 1998 · 1998 c. 36View on legislation.gov.uk

Part I: Excise Duties

In section 6(1A) of the Hydrocarbon Oil Duties Act 1979 (rates of duty on hydrocarbon oil)—

in paragraph (a) (light oil), for "£0.4510" there shall be substituted ;" £0.4926 "
in paragraph (b) (ultra low sulphur diesel), for "£0.3928" there shall be substituted ; and" £0.4299 "
in paragraph (c) (heavy oil that is not ultra low sulphur diesel), for "£0.4028" there shall be substituted ." £0.4499 "

In section 11(1) of that Act (rebate on heavy oil)—

in paragraph (a) (fuel oil), for "£0.0200" there shall be substituted ; and" £0.0218 "
in each of paragraphs (b) and (ba) (gas oil which is not ultra low sulphur diesel and ultra low sulphur diesel), for "£0.0258" there shall be substituted ." £0.0282 "

In section 13A(1A) of that Act (rebate on unleaded petrol)—

in paragraph (a) (higher octane unleaded petrol), for "£0.0150" there shall be substituted ; and" £0.0050 "
in paragraph (b) (other unleaded petrol), for "£0.0482" there shall be substituted ." £0.0527 "

In section 14(1) of that Act (rebate on light oil for use as furnace fuel), for "£0.0200" there shall be substituted ." £0.0218 "

This section shall be deemed to have come into force at 6 o'clock in the evening of 17th March 1998.

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