# Finance Act 2001, Paragraph 2: Value Added Tax Act 1994 (c.23)


In section 2 of the Value Added Tax Act 1994 (rate of VAT), in each of subsections (2) and (3) (power to vary rate by up to 25% for up to one year), after “for the time being in force” insert “ under this section ”.

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Source: https://www.legislation.gov.uk/ukpga/2001/9/schedule/31/paragraph/2 (the official version)
Page: https://openlegislation.uk/finance-act-2001/schedule-31/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.