The Value Added Tax (Amendment) Regulations 2001

• Citation: S.I. 2001/630
• Sections: 6

Section 1

These Regulations may be cited as the Value Added Tax (Amendment) Regulations 2001 and shall come into force on 1st April 2001.

Section 2

Amend the Value Added Tax Regulations 1995 as follows.

Section 3

(1) In regulation 120(2)(a), omit—

(ii) Articles 130 to 136 (processing for free circulation),

(2) In regulation 120(2)(b), omit—

(ii) Articles 650 to 669 (processing for free circulation),

Section 4

Regulation 3 above has effect in relation to goods which are imported on or after 1st April 2001.

Section 5

(1) At the end of regulation 120(2)(b)(iv), omit the word “and”.

(2) In regulation 120(2)(b)(v), insert the following after “(returned goods)”—

, and

Articles 589 and 709 (compensatory interest)

Section 6

In Schedule 1, for forms numbered 4 and 5 substitute respectively forms numbered 4 and 5 in the Schedule to these Regulations.