Part 1 Regulating Traders in Rebated Heavy Oil
Finance Act 2002 (2002 c 23) | Legislation

SCHEDULE 3 Hydrocarbon Oil Duties: Rebated Heavy Oil etc

Section 6

Part 1 Regulating Traders in Rebated Heavy Oil

1

In the Hydrocarbon Oil Duties Act 1979 (c 5), after section 23 insert—

“23´¡
Regulation of traders in controlled oil

(1)     If a revenue trader who is not a registered excise dealer and shipper—

(a)     buys or sells controlled oil in the course of a trade or business, or

(b)     in the course of a trade or business deals in controlled oil,

his buying or selling, or dealing in, the oil shall attract a penalty under section 9 of the Finance Act 1994 (civil penalties).

(2)     Subsection (1) above does not apply to the buying of oil by a revenue trader if—

(a)     the oil is for use by the trader, and

(b)     that use does not involve selling or dealing in hydrocarbon oil.

(3)     Subsection (1) above does not apply to the selling of oil by a revenue trader if—

(a)     that oil was for use by the trader,

(b)     that use did not involve selling or dealing in hydrocarbon oil,

(c)     that use came to

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

HCPC—Main hearing of the Health and Care Professions Tribunal

HCPC—Main hearing of the Health and Care Professions TribunalCoronavirus (COVID-19): This Practice Note contains guidance on subjects impacted by the government’s response to the coronavirus outbreak. In particular, the Health and Care Professions Council (HCPC) (Coronavirus) (Amendment) Rules Order

LEXISNEXIS

Sentencing for rape

Sentencing for rapeThe Sentencing Council (SC) produces guidance on sentencing for courts in England and Wales in the form of offence specific sentencing guidelines for use in the magistrates’ court and the Crown Court. This Practice Note considers the approach to sentencing for the offences of rape

LEXISNEXIS

Unless orders

Unless ordersThis Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.This Practice Note provides guidance on

LEXISNEXIS

Fiduciary Duties

Fiduciary DutiesWho is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under common law. Some relationships are automatically fiduciary, eg those between trustee and beneficiary, solicitor and client, principal and agent, business