# Finance Act 2008, Paragraph 5


In section 6AB (excise duty on bioblend), for subsections (3) and (4) substitute—
“(3) The rate per litre of duty under this section on any bioblend is the sum of—
(a) HO% of the rate per litre of duty under section 6 in the case of heavy oil, and
(b) BD% of the rate per litre of duty under section 6AA.
(4) In subsection (3)—
“HO%” means the percentage of the bioblend that is heavy oil, and
“BD%” means the percentage of the bioblend that is biodiesel,
where the percentages are by volume to the nearest 0.001%.
(4A) See section 14B (bioblend used other than as fuel for road vehicles) for rebates on duty charged under this section.”

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Source: https://www.legislation.gov.uk/ukpga/2008/9/schedule/5/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-2008/schedule-5/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.