3. The Value-Added Tax (Refund of Tax) (No. 4) Order, 1972 (S.I. No. 328 of 1972), is hereby amended—

(a) by the substitution in paragraph 4 (c) (i) (I) for "of 30·26 per cent." of "specified for the time being in section 11 (1) (c) of the Act" and, accordingly, the said paragraph 4 (c) (i) (I) shall have effect as set out in the Table to this paragraph:

TABLE

(I) the amount of tax which was chargeable at the rate specified for the time being in section 11 (1) (c) of the Act in relation to the importation or delivery of the vehicle, or, if tax were chargeable at that rate in relation to more deliveries than one of the vehicle, the amount chargeable at that rate on the later or latest such delivery, and

(b) by the substitution for clause (ii) of paragraph 5 (a) of the following clause—

"(ii) in any other case, an amount equal to the aggregate of—

(I) the product of the amount specified in paragraph 4 (c) (i) (I) of this Order and the fraction of which the numerator is the rate specified in section 11 (1) (c) of the Act at which tax was charged in calculating the amount so specified, reduced by the rate specified in section 11 (1) (a) of the Act at the time tax at the rate specified in the said section 11 (1) (c) was so charged, and the denominator is the rate specified in the said section 11 (1) (c) at which tax was so charged, and

(II) the amount specified in paragraph 4 (c) (i) (II) of this Order,".