Financial Resolutions. - Financial Resolution No. 3—Customs.
(1) That the customs duty imposed by Section 7 of the Finance (Customs Duties) (No. 2) Act, 1932 (No. 11 of 1932), shall be charged, levied, and paid on the following articles imported into Saorstát Eireann on or after the 20th day of October, 1932, at the respective rates hereinafter mentioned in lieu of the rates mentioned in the said Section 7, that is to say—
(a) on all shirts and collars and all component parts and accessories of shirts or collars—at the rate of an amount equal to forty-five per cent. of the value of the article;
(b) on all embroidered handkerchiefs and all component parts and accessories of such handkerchiefs—at the rate of an amount equal to ninety per cent. of the value of the article;
(c) on all underclothing of silk (including crepe-de-chine, spun silk and Japanese silk) intended for use by women, girls, or children and all component parts and accessories of any such under-clothing—at the rate of an amount equal to ninety per cent. of the value of the article.
(2) That the provisions of Section 8 of the Finance Act, 1919, shall apply to the duty mentioned in this Resolution with the substitution of the expression "Saorstát Eireann" for the expression "Great Britain and Ireland" and as though articles chargeable with the said duty were included in the list of goods to which two-thirds of the full rate is made applicable as a preferential rate.
(3) That the value of any article for the purposes of this Resolution shall be taken to be the price which an importer would give for the article if the article were delivered, freight and insurance paid, in bond, at the place of importation, and duty shall be paid on that value as fixed by the Revenue Commissioners.
(4) It is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1927 (No. 7 of 1927).