Paragraph 5 I1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 5 para. 7(1) word omitted by Finance Act 2026 s. 111(3)(a)(i)
Sch. 5 para. 7(1)(a)(ii) and word omitted by Finance Act 2026 s. 111(3)(a)(ii)
Sch. 5 para. 7(2)(a) words omitted by Finance Act 2026 s. 111(3)(b)(i)
Sch. 5 para. 7(2)(b) omitted by Finance Act 2026 s. 111(3)(b)(ii)
Sch. 5 para. 7(3)(a) words omitted by Finance Act 2026 s. 111(3)(c)(i)
Sch. 5 para. 7(3)(b) omitted by Finance Act 2026 s. 111(3)(c)(ii)
Sch. 5 para. 7A and cross-heading inserted by Finance Act 2026 s. 111(4)
Sch. 5 para. 16(6) substituted by Finance Act 2026 s. 111(5)

Regulations may make provision about—

(a)

what constitutes or does not constitute “directly competitive goods” for the purposes of this Schedule;

(b)

how “directly competitive goods” is to be determined for those purposes.

Annotations

I1: Sch. 5 para. 5 in force at 4.3.2019 at 11:59 a.m. by S.I. 2019/429, reg. 2 (with regs. 4-9)