Financial Resolution No. 3 regards the car scrappage scheme and the vehicle registration tax, VRT, relief for hybrid and flexible fuel vehicles. This resolution amends sections 135(b) and 135(c) of the Finance Act 1992 to provide for an extension of the car scrappage scheme introduced in the 2010 budget until 30 June 2011, and to extend to 31 December 2012 the vehicle registration tax available with a lower threshold for certain hybrid and flexible fuel vehicles.

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