(1) In the Second Schedule "alcohol" means pure ethyl alcohol.
(2) The duty of excise on spirits imposed by paragraph 4(2) of the Order of 1975, shall be charged, levied and paid, as on and from the 1st day of July, 1996, at the several rates specified in the Second Schedule in lieu of the rate specified in the said paragraph 4(2) as amended by section 81(2) of the Finance Act, 1994.