Hon. Douglas Abbott (Minister of Finance):
In my budget speech I announced that the reduction of $2 per thousand in the excise duty on cigarettes would come into force on February 20. It is now proposed that this reduction shall be effective as from February 1 in order to assist in having the benefit passed on to the consumer as promptly as possible. Advice to this effect has been sent to licensed manufacturers of cigarettes.
Subtopic: EFFECTIVE DATE OF REDUCTION IN EXCISE DUTY