54 Wholesaling of controlled liquor
Finance Act 2015 (2015 c 11) | Legislation

54  Wholesaling of controlled liquor

(1)     ALDA 1979 is amended as set out in subsections (2) to (5).

(2)     In section 4 (interpretation)—

(a)     in subsection (1), in the definition of “wholesale”, after ““wholesale”” insert “(except in Part 6A)”,

(b)     in the Table in subsection (3), at the appropriate place insert—

“excise duty point”

(c)     in subsection (4), after “Act” insert “(except in Part 6A)”.

(3)     After Part 6 insert—

“Part 6A
Wholesaling of Controlled Liquor

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(1)     This section defines certain expressions used in this Part.

(2)     A sale is of “controlled liquor” if—

(a)     it is a sale of dutiable alcoholic liquor on which duty is charged under this Act at a rate greater than nil, and

(b)     the excise duty point for the liquor falls at or before the time of the sale.

(3)     Controlled liquor is sold “wholesale” if—

(a)     the sale is of any quantity of the liquor,

(b)     the seller is carrying on a trade or business and the sale is made in the course of that trade or business,

(c)     the sale is to a buyer carrying on a trade or business, for sale or supply

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