# Value Added Tax Act 1983 (repealed 1.9.1994), Paragraph 2

Extent: E+W+S+N.I.

The supply, by a member of the London Gold Market to a Central Bank, of gold held in the United Kingdom.
Notes:
(1) “Gold” includes gold coins.
(2) Section 16(3) of this Act does not apply to goods forming part of a description of supply in this Group.
(3) Items 1 and 2 include—
(a) the granting of a right to acquire a quantity of gold; and
(b) any supply described in those items which by virtue of paragraph 1 of Schedule 2 to this Act is a supply of services.

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Source: https://www.legislation.gov.uk/ukpga/1983/55/schedule/5/part/Group/12/Gold/paragraph/2 (the official version)
Page: https://openlegislation.uk/value-added-tax-act-1983-repealed-191994/schedule-5/part-Group/12/Gold/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.