The Isle of Man Treasury has issued the Customs and Excise Acts (Application) (Amendment) Order 2025, which comes into operation on 1 August 2025 and updates the Island’s import and export control framework while revoking secondary legislation that is no longer required. The Order amends the Customs and Excise Acts (Application) Order 1979 and the Taxation (Cross-border Trade) Act 2018 (Application) Order 2019. It gives legal effect in the Island to UK legislation prohibiting the import or export of counterfeit notes and coins (formal legal tender issued by any country), making intentional breaches a criminal offence with penalties that can include fines and imprisonment for up to 14 years in the most serious cases. It also reinforces the requirement for fireworks importers to notify the Customs and Immigration Division in advance and provide specified information about the importer and storage arrangements, and introduces offences for failing to provide the required information with maximum penalties of GBP 10,000 and six months’ imprisonment. Relevant Isle of Man Government web pages are due to be updated from 1 August 2025.
The Treasury (Isle of Man) 2025-07-28
Isle of Man Treasury amends customs legislation to prohibit trade in counterfeit currency and add penalties for fireworks import notification breaches
The Isle of Man Treasury issued the Customs and Excise Acts (Application) (Amendment) Order 2025, updating the import and export control framework effective 1 August 2025. The Order enforces UK legislation against importing or exporting counterfeit currency, with penalties including fines and up to 14 years' imprisonment. It also mandates fireworks importers to notify authorities in advance, with non-compliance penalties of up to GBP 10,000 and six months' imprisonment.