Financial Resolution No. 3: Vehicle Registration Tax

(1) THAT section 132 of the Finance Act 1992 (No. 9 of 1992), which provides for the charging of excise duty (vehicle registration tax), be amended in subsection (3) –

(a) in paragraph (d)(ii) by substituting “a vehicle that, at all stages of manufacture, is classified as a category N1 vehicle with less than 4 seats” for “a category N1 vehicle that, at the time of manufacture, has less than 4 seats”, and

(b) by substituting the following for the Table after paragraph (f):

“TABLE

CO2 Emissions (CO2 g/km)

Percentage payable of the value of the vehicle

0g/km up to and including 80g/km

14% or €280 whichever is the greater

More than 80g/km up to and including 100g/km

15% or €300 whichever is the greater

More than 100g/km up to and including 110g/km

16% or €320 whichever is the greater

More than 110g/km up to and including 120g/km

17% or €340 whichever is the greater

More than 120g/km up to and including 130g/km

18% or €360 whichever is the greater

More than 130g/km up to and including 140g/km

19% or €380 whichever is the greater

More than 140g/km up to and including 155g/km

23% or €460 whichever is the greater

More than 155g/km up to and including 170g/km

27% or €540 whichever is the greater

More than 170g/km up to and including 190g/km

30% or €600 whichever is the greater

More than 190g/km up to and including 225g/km

34% or €680 whichever is the greater

More than 225g/km

36% or €720 whichever is the greater

.”.

(2) THAT this Resolution shall have effect as on and from 1 January 2013.

(3) 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).