# Finance Act 2001, Paragraph 4


(1) Section 88 of the Value Added Tax Act 1994 (supplies spanning change of rate etc.) is amended as follows.
(2) In subsection (1) (section applies where there is a change in the rate of VAT in force under section 2 or the descriptions of exempt or zero-rated supplies or acquisitions)—
(a) after “section 2” insert “ or 29A ”, and
(b) for “or zero-rated” (in both places) substitute “ , zero-rated or reduced-rate ”.
(3) In subsection (2) (election to disregard time of supply rules), after “any question whether it is zero-rated or exempt” insert “ or a reduced-rate supply ”.
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2001/9/schedule/31/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-2001/schedule-31/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.