# Finance Act 2000, Paragraph 31


(1) If before the time applicable under paragraph 30(2) the person making the supply—
(a) issues an invoice in respect of the supply, or
(b) receives a payment in respect of it,
the supply is treated, to the extent that it is covered by the invoice or payment, as taking place when the invoice is issued or the payment is received.
(2) Sub-paragraph (1) does not apply where the commodity (being sent or taken on approval or sale or return or similar terms) is removed before it is known whether a supply will take place.
(3) Sub-paragraph (1) applies subject to any direction under paragraph 35(3).

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/6/paragraph/31 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-6/paragraph-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.