# Finance Act 2000, Paragraph 3

Extent: E+W+S+N.I.

For paragraph 1(1A) (supplies benefit from reduced rate only if funded by grants) substitute—
“(1A) A supply to which any of paragraphs (b) to (k) of sub-paragraph (1) above applies is a supply falling within this paragraph only to the extent that the consideration for it—
(a) is, or is to be, funded by a grant made under a relevant scheme; or
(b) in the case of a supply to which paragraph (i) of that sub-paragraph applies—
(i) is, or is to be, funded by such a grant, or
(ii) is a payment becoming due only by reason of the termination (whether by the passage of time or otherwise) of the leasing of the goods in question.”

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/35/paragraph/3 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-35/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.