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About: Safeguarding of Industries (Customs Duties) Act 1925     Goto   Sponge   NotDistinct   Permalink

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The Safeguarding of Industries (Customs Duties) Act 1925 (15 & 16 Geo. V c. 79) imposed duties on cutlery, gloves, and incandescent mantles imported into Britain. Collectively, these industries amounted to approximately 3% of Britain's manufacturing output. The duties were temporary, remaining in effect for five years, from December 1925 to December 1930. For cutlery and gloves, the duties were 331/3% ad valorem, while for incandescent mantles the duty was 6 shillings per gross. These import duties were applied upon the recommendation of committees convened by the Board of Trade, in accordance with the 'safeguarding of industries' procedure, set out in a government White Paper in 1925.