Explanatory note

These Regulations consolidate the following Regulations—

The Excise Duties (Deferred Payment) Regulations 1983; the Excise Duties (Hydrocarbon Oils) (Deferred Payment) Regulations 1985;

the Excise Duties (Deferred Payment) (Amendment) Regulations 1986; and

the Excise Duties (Deferred Payment) (Amendment) Regulations 1989.

These Regulations also extend the accounting arrangements for the deferred payment of excise duty to registered excise dealers and shippers on the following categories of goods, (where the duty is payable by them)—

wine, made-wine, cider, spirits, hydrocarbon oils and beer.

There is no change to the duty deferment arrangements for these goods where the duty is payable by other categories of trader.