The Value Added Tax (Finance) ( No. 2) Order 2003

• Citation: S.I. 2003/1569
• Sections: 2

Section 1

This Order may be cited as the Value Added Tax (Finance) (No. 2) Order 2003 and shall apply in relation to any services performed on or after 1st August 2003.

Section 2

Group 5 of Schedule 9 to the Value Added Tax Act 1994 is varied as follows:

(a) after item 2 insert—

(2A) The management of credit by the person granting it.

(b) in item 9 omit “by the operator of the scheme”;

(c) for item 10 substitute “The management of the scheme property of an open-ended investment company.”;

(d) omit Note (2A);

(e) in Note (5A) omit everything after “receive financial services”;

(f) in Note (6) omit the definition of “operator”;

(g) omit Note (7);

(h) in Note (8) omit “and Note (7)”;

(i) omit Note (9).