The Purchase Tax (No. 5) Order 1950
EXPLANATORY NOTE
(This Note does not form part of the Order, but is intended to indicate its general purport.)
This Order reduces the rate of purchase tax on insoles made wholly or partly of fur skin (including any skin with fur, hair or wool attached) and on lined sheepskin floor rugs from the third rate (100%) to the first rate (33 1/3 %).

The Lords Commissioners of His Majesty’s Treasury, by virtue of the powers conferred on them by subsection (1) of section twenty-one of the Finance Act,...