# Value Added Tax Act 1994, Paragraph 16


(1) NI acquisition VAT is charged at the rate of 5% (instead of at the rate provided by section 2) if—
(a) the acquisition in question is of goods the supply of which would be a supply of a description for the time being specified in Schedule 7A (charge at reduced rate), or
(b) the acquisition in question is of a description for the time being specified in regulations made by the Treasury for the purposes of this paragraph.
(2) Regulations under this paragraph may provide that sub-paragraph (1)(a) does not apply to a description of a supply specified in Schedule 7A that is specified in those regulations.
(3) The power to specify a description of an acquisition conferred by sub-paragraph (1)(b) may be exercised so as to describe an acquisition of goods by reference to matters unrelated to the characteristics of the goods.

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Source: https://www.legislation.gov.uk/ukpga/1994/23/schedule/9ZA/paragraph/16 (the official version)
Page: https://openlegislation.uk/value-added-tax-act-1994/schedule-9ZA/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.