The Principal Act is amended with effect from 1 July 2008 by inserting the following sections before section 5 -
"4B. Supplies of immovable goods.
(1) In this section -
' completed ', in respect of immovable goods, means that the development of those goods has reached the state, apart from only such finishing or fitting work that would normally be carried out by or on behalf of the person who will use them, where those goods can effectively be used for purposes for which those goods were designed, and the utility services required for those purposes are connected to those goods;
' occupied ', in respect of immovable goods, means -
(a) occupied and fully in use following completion where that use is one for which planning permission for the development of those goods was granted, and
(b) where those goods are let, occupied and fully in such use by the tenant.
(2) Subject to subsections (3), (5) and (7), tax is not chargeable on the supply of immovable goods -
(a) that have not been