Part 5: Excise Duties and other taxes Section 46: Vehicle excise duty Details of the section and Schedule Schedule 2: exempt vehicles
Section (3) of section 46 amends Schedule 2 to VERA which provides for electrically propelled vehicles and vehicles with specified carbon dioxide emissions to be exempt. The exemptions do not apply to the vehicles to which Part 1AA of schedule 1 apply and which have a price exceeding £40,000.