40. Amendment of Chapter 1 of Part 2 of, and Schedules 2 and 2A to, Finance Act 1999 (mineral oil tax)
(1) The Finance Act 1999 is amended with effect as on and from 9 October 2019 -
(a) in section 96(1B), by substituting "A is the amount to be charged per tonne of CO2 emitted, being €26 in the case of petrol, aviation gasoline, and heavy oil used as a propellant or for air navigation or for private pleasure navigation, and €20 in the case of each other description of mineral oil in Schedule 2A" for "A is the amount, €20, to be charged per tonne of CO2 emitted",
(b) by substituting the following schedule for Schedule 2:
"SCHEDULE 2 RATES OF MINERAL OIL TAX
(With effect as on and from 9 October 2019)
|
Description of Mineral Oil |
Rate of Tax |
|---|---|
|
Light Oil: |
|
|
Petrol |
€601.69 per 1,000 litres |
|
Aviation gasoline |
€601.69 per 1,000 litres |
|
Heavy Oil: |
|
|
Used as a propellant |
€494.90 per 1,000 litres |
|
Used for air navigation |
€494.90 per 1,000 litres |
|
Used for private pleasure navigation |
€494.90 per 1,000 litres |
|
Kerosene used other than as a propellant |