Regulation 21 Holding alcoholic product without payment of dutyF1

(1)

The Commissioners may require an approved person to secure any alcohol duty chargeable in respect of alcoholic products held by them on certain premises without payment of alcohol duty by providing a guarantee to the Commissioners.

(2)

For the purposes of paragraph (1), a “guarantee” means a guarantee to pay alcohol duty if there is a default by a person who is liable to pay the duty (the “payer”) that is—

(a)

in a form and manner that is approved by the Commissioners, and

(b)

given by a person other than the payer, provided the Commissioners have not communicated to the payer that such person is unsatisfactory for these purposes.

Annotations

Textual amendments

F1: Pts. 6-10 inserted (1.2.2025) by The Alcoholic Products (Excise Duty) (Amendment) Regulations 2024 (S.I. 2024/1186), regs. 1, 2(3)