As respects vehicle registration tax charged, levied and paid as on and from the 1st day of January, 1999, section 132 of the Finance Act, 1992, is hereby amended, in subsection (3), by the substitution of the following paragraphs for paragraph (a) (inserted by the Finance (No. 2) Act, 1992):

"(a) in case the vehicle the subject of the registration or declaration concerned is a category A vehicle which has an engine of a cylinder capacity exceeding 2,000 cubic centimetres, at the rate of an amount equal to 30 per cent. of the value of the vehicle or £250, whichever is the greater,

(aa) in case the vehicle the subject of the registration or declaration concerned is a category A vehicle which has an engine of a cylinder capacity exceeding 1,400 cubic centimetres but not exceeding 2,000 cubic centimetres, at the rate of an amount equal to 25 per cent. of the value of the vehicle or £250, whichever is the greater,".