Sch 3 para 11
In Schedule 2 (supplies of goods and services) to the Value Added Tax Act1983— (a) in paragraph 4, for the word “granting” there shall be substitutedthe word “grant”, (b) in paragraph 5(1), for the words “the goods” there shall besubstituted the word “goods”, and (c) there shall be added at the end— (8) (1) Subject to sub-paragraphs (2) and (3) below, paragraphs 5 to 7 above haveeffect in relation to land forming part of the assets of, or held or used forthe purposes of, a business as if it were goods forming part of the assets of,or held or used for the purposes of, a business. (2) In the application of those paragraphs by virtue of sub-paragraph (1)above, references to transfer, disposition or sale shall have effect asreferences to the grant or assignment of any interest in, right over orlicence to occupy the land concerned. (3) Except in relation to— (a) the grant or assignment of a major interest; or (b) a grant or assignment otherwise than for a consideration, in the application of paragraph 5(1) above by virtue of sub-paragraph (1)above the reference to a supply of goods shall have effect as a reference toa supply of services.