(1) Chapter 1 of Part 2 of the Finance Act 1999 is amended -
(a) in subsection (1) of section 94 -
(i) by inserting the following definition after the definition of "biomass":
"'CO2' means carbon dioxide;",
(ii) by inserting the following definition after the definition of "dumper":
"'emissions' means the release, on combustion of mineral oil, of CO2;",
(b) with effect as on and from 10 December 2009 by substituting the following for Schedule 2 to that Act (as amended by section 15(a) of the Finance Act 2009):
"Schedule 2 Rates of Mineral Oil Tax
|
Description of Mineral Oil |
Rate of Tax |
|---|---|
|
Light Oil: Petrol Aviation gasoline |
€543.17 per 1,000 litres €543.17 per 1,000 litres |
|
Heavy Oil: Used as a propellant Used for air navigation Used for private pleasure navigation Kerosene used other than as a propellant Fuel oil Other heavy oil |
€449.18 per 1,000 litres €449.18 per 1,000 litres €449.18 per 1,000 litres €00.00 €14.78 per 1,000 litres €47.36 per 1,000 |