# Finance Act 1997, Part IV: Value Added Tax


(1) Aggregation of businesses
Chapter
Short title
Extent of repeal
1994 c. 23.
The Value Added Tax Act 1994.
In Schedule 1, in paragraph 2—
(a) in sub-paragraph (2)(b), the words from “which should properly” to “described in the direction”;
(b) paragraph (d) of sub-paragraph (2) and the word “and” immediately preceding it; and
(c) in sub-paragraph (4), the word “properly”.
These repeals have effect in relation to the making of directions on or after the day on which this Act is passed.
(2) The option to tax buildings and land
Chapter
Short title
Extent of repeal
1994 c. 23.
The Value Added Tax Act 1994.
In Schedule 10, paragraphs 2(3A) and 3(8A).
These repeals have effect in accordance with section 37(1) of this Act.
(3) Bad debt relief
Chapter
Short title
Extent of repeal
1994 c. 23.
The Value Added Tax Act 1994.
In section 36(4), paragraph (b) and the word “and” immediately preceding it. In Schedule 13, paragraph 9(1).
These repeals have effect in accordance with section 39 of this Act.

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Source: https://www.legislation.gov.uk/ukpga/1997/16/schedule/18/part/IV (the official version)
Page: https://openlegislation.uk/finance-act-1997/schedule-18/part-IV
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.