The Value Added Tax (General) (Amendment) (No. 4) Regulations 1995

• Citation: S.I. 1995/1280
• Sections: 4

Section 1

These Regulations may be cited as the Value Added Tax (General) (Amendment) (No. 4) Regulations 1995 and shall come into force on 1st June 1995.

Section 2

The Value Added Tax (General) Regulations 1985 shall be amended in accordance with regulations 3 and 4 below.

Section 3

In regulation 57A —

(a) the word “and” immediately before paragraph (c) shall be omitted;

(b) after the words “member State” in paragraph (c) there shall be inserted—

; and

(d) the goods are not goods in relation to whose supply the taxable person has opted, pursuant to section 50A of the Value Added Tax Act 1994 , for tax to be charged by reference to the profit margin on the supply.

Section 4

In regulation 57B —

(a) the word “and” immediately before paragraph (c) shall be omitted;

(b) after the words “Regulations 1992” in paragraph (c) there shall be inserted—

; and

(d) the goods are not goods in relation to whose supply the taxable person has opted, pursuant to section 50A of the Value Added Tax Act 1994, for tax to be charged by reference to the profit margin on the supply