Section 8 of the Principal Act is hereby amended in subsection (3) -
(a) in paragraph (a):
(i) by the insertion of the following subparagraph after subparagraph (i):
"(ia) goods being livestock semen, the total consideration has not exceeded and is not likely to exceed £40,000 and, in calculating that total consideration, supplies of livestock semen to -
(I) any other farmer licensed as an artificial insemination centre in accordance with the provisions of the Live Stock (Artificial Insemination) Act, 1947, or
(II) a taxable person over whom that farmer exercises control,
shall be disregarded, or",
(ii) by the substitution in subparagraph (iii) (inserted by the Act of 1997) of "services specified in subparagraph (i) and either or both of goods of the type specified in subparagraph (ia) and goods of the type specified in subparagraph (ii) supplied in the circumstances set out in that subparagraph" for "services and goods specified in subparagraph (i) and (ii) ",
(iii) by the ins