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Legislation
Finance Act 2015

Crossheading Vehicle excise duty

  • Section 58 VED rates for light passenger vehicles and motorcycles
  • Section 59 VED: extension of old vehicles exemption from 1 April 2016
  1. Vehicle excise duty
  2. VED: extension of old vehicles exemption from 1 April 2016

Section 59 | VED: extension of old vehicles exemption from 1 April 2016

From legislation.gov.uk

(1)In Schedule 2 to VERA 1994 (exempt vehicles) in paragraph 1A(1) (exemption for old vehicles) for the words from “constructed” to the end substitute “ constructed before 1 January 1976 ”.

(2)The amendment made by subsection (1) comes into force on 1 April 2016; but nothing in that subsection has the effect that a nil licence is required to be in force in respect of a vehicle while a vehicle licence is in force in respect of it.

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