# Value Added Tax Act 1994, Paragraph 1


(1) In this Schedule “face-value voucher” means a token, stamp or voucher (whether in physical or electronic form) that represents a right to receive goods or services to the value of an amount stated on it or recorded in it.
(2) References in this Schedule to the “face value” of a voucher are to the amount referred to in sub-paragraph (1) above.

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Source: https://www.legislation.gov.uk/ukpga/1994/23/schedule/10A/paragraph/1 (the official version)
Page: https://openlegislation.uk/value-added-tax-act-1994/schedule-10A/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.