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Value Added Tax Act 1994

Value Added Tax Act 1994 Sch 7A Pt 2 para 1

Sch 7A Pt 2 para 1 Supply only included so far as grant-funded

(1) Each of items 1 to 7 and 8A to 10 applies to a supply only to the extent that the consideration for the supply is, or is to be, funded by a grant made under a relevant scheme. (2) Item 8 applies to a supply only to the extent that the consideration for the supply— (a) is, or is to be, funded by a grant made under a relevant scheme; or (b) is a payment becoming due only by reason of the termination (whether by the passage of time or otherwise) of the leasing of the goods in question.

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