# The Customs and Value Added Tax (Managed Transition Procedure) (EU Exit) Regulations 2021, Regulation 3: Interpretation


In this Part—
“Commissioners” means HMRC Commissioners;
“eligible person” has the meaning given by regulation 3(2) of the Customs (Managed Transition Procedure) (EU Exit) Regulations 2019;
“import VAT” means value added tax chargeable by virtue of section 1(1)(c) of VATA 1994;
“prescribed accounting period” has the meaning given by section 25(1) of VATA 1994;
“registered for VAT” refers to registration under Schedule 1 or 3A to VATA 1994;
“relevant importation” has the meaning given in regulation 6;
“VATA 1994” means the Value Added Tax Act 1994.

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Source: https://www.legislation.gov.uk/uksi/2021/1375/regulation/3 (the official version)
Page: https://openlegislation.uk/customs-and-value-added-tax-managed-transition-procedure-eu-exit-regulations-2021/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.