Schedule 3, Part 11 Amendments of Value-Added Tax Act 1972

1

Section 4B(2)

Substitute "Subject to subsections (3), (5), (7) and (8)" for "Subject to subsections (3), (5) and (7)".

2

Section 4B(5)

Substitute "Subject to subsection (8), where a taxable person" for "Where a taxable person".

3

Section 4B(7)

After paragraph (b), insert -

"(c) Where a relevant supply is a supply of immovable goods to which this subsection would apply, the recipient shall be treated thereafter, for the purposes of this subsection in respect of those immovable goods, as if it were a person connected (within the meaning of section 7A) to the person who developed those immovable goods.

(d) In this subsection and in subsection (8) -

'recipient' has the meaning assigned to it by section 8(1C);

'relevant supply' has the meaning assigned to it by section 8(1C).".

4

Section 4B

After subsection (7), insert -

"(8)

(a) Where a relevant supply occurs and where that supp