S.I. No. 307/1970 - Imposition of Duties (No. 188) (Watches) Order, 1970.

1. This Order may be cited as the Imposition of Duties (No. 188) (Watches) Order, 1970.

2. (1) This Order, other than Article 5, shall come into operation on the 1st day of January, 1971.

(2) Article 5 of this Order shall come into operation on the 15th day of February, 1971.

3. In this Order "the Principal Order" means the Imposition of Duties (No. 159) (Customs Duties and Form of Customs Tariff) Order, 1966 (

S.I. No. 132 of 1966

).

4. The Principal Order is hereby amended—

(

a

) by the substitution in the third, fourth and fifth columns of the Schedule at tariff headings number 91.01 (B), 91.07 (A) and 91.11 (A) (2) (

a

) for "26·7% or 16s. each*", "26.7% or 16s each*" and "17·8% or 10s. 8d. each*" of 24% or 15s. each*", "24% or 15s. each'*' and "16% or 10s. each*", respectively,

(

b

) by the substitution in the third, fourth and fifth columns of the Schedule at tariff heading number 91·09 for "26·7%", "26·7%" and "17·8%" of "24%", "24%" and "16%", respectively, and

(

c

) by the substitution in the third, fourth and fifth columns of the Schedule at tariff heading number 91.11 (A) (2) (

b

) for "26.7% or 4s. each*", "26·7% or 4s. each*" and "17·8% or 2s. 8d. each*" of "24% or 3s. 9d. each*", "24% or 3s. 9d. each*" and "16% or 2s. 6d. each*", respectively.

5. (1) The Principal Order is hereby further amended—

(

a

) by the substitution in the third, fourth and fifth columns of the Schedule at tariff headings number 91.01 (B), 91.07 (A) and 91.11 (A) (2) (

a

) for "24% or 15s. each*", "24% or 15s. each*" and "16% or 10s. each*" (inserted by this Order) of "24% or £0·75 each*", "24% or £0·75 each*" and "16% or £0·50each*", respectively, and

(

b

) by the substitution in the third, fourth and fifth columns of the Schedule at tariff heading number 91.11 (A) (2) (

b

) for "24% or 3s. 9d. each*", "24% or 3s. 9d. each*" and "16% or 2s. 6d. each*" (inserted by this Order) of "24% or £0·1875 each*", "24% or £0·1875 each*", and "16% or £0·125 each*", respectively.

(2) The Imposition of Duties (No. 187) (Customs and Excise Duties and Form of Tariff) Order, 1970 (

S.I. No. 268 of 1970

), in so far as it provides for the substitution of a new rate of duty for a rate of duty in the third, fourth and fifth columns of the Schedule to the Principal Order at any tariff heading number referred to in paragraph (1) of this Article, shall not have effect.

GIVEN under the Official Seal of the Government, this 22nd day of December, 1970.

ERSKINE H. CHILDERS,

Tánaiste.

EXPLANATORY NOTE.

This Order provides for the amendment of the Full, Preferential and Special Preferential rates of Customs duty on fully assembled watches, watch cases and certain watch movements and assemblies of watch parts.

S.I. No. 307 of 1970.

IMPOSITION OF DUTIES (No. 188) (WATCHES) ORDER, 1970.

The Government, in exercise of the powers conferred on them by

section 1

of the

Imposition of Duties Act, 1957

(No. 7 of 1957), and

section 22

of the

Finance Act, 1962

(No. 15 of 1962), hereby order as follows:—