Paragraph 74 I1

Section 88 (supplies spanning change of rate etc) is amended as follows.

In subsection (1), omit “or exempt, zero-rated or reduced-rate acquisitions”.

Omit subsections (4) and (7).

For subsection (8) substitute—

“(8)

References in this section to a supply being a reduced-rate supply are references to a supply being one on which VAT is charged at the rate in force under section 29A.”