
1 
These Regulations may be cited as the Air Passenger Duty and Other Indirect Taxes (Interest Rate) (Amendment) Regulations 2001 and come into force on 1st November 2001.
2 

(1) Amend regulation 4 of the Air Passenger Duty and Other Indirect Taxes (Interest Rate) Regulations 1998 (interest payable to the Commissioners) as follows.
(2) In paragraph (1)—
(a) in sub-paragraph (e) omit “and”, and
(b) after sub-paragraph (f) insert “and, (g) paragraphs 41(2)(f), 70(1)(b) and 81(3) of Schedule 6 to the Finance Act 2000 (climate change levy),”;.
(3) At the end insert—
(4) With effect from 1st November 2001 the rate of interest prescribed in paragraph (1) above for the purposes of paragraph 17 of Schedule 5 to the Finance Act 1997 also applies in the application of that paragraph to assessments under paragraph 14 or 15 of that Schedule as amended by paragraph 19 of Schedule 3 to the Finance Act 2001.
3 
Amend regulation 5(1) of the Air Passenger Duty and Other Indirect Taxes (Interest Rate) Regulations 1998 (interest payable by the Commissioners) as follows—
(a) in sub-paragraph (a), for the words “paragraph 9 of Schedule 6 to the Finance Act 1994” substitute “Parts 2 and 3 of Schedule 3 to the Finance Act 2001 (interest payable on repayments etc.)”,
(b) in sub-paragraph (d) omit “and”, and
(c) after sub-paragraph (e) insert “and, (f) paragraphs 62(3)(f) and 66 of Schedule 6 to the Finance Act 2000 (climate change levy)”.
Tony McNulty
Anne McGuire
Two of the Lords Commissioners of Her Majesty’s Treasury
4th October 2001