Regulation 9

In Part IX of the Value Added Tax Regulations 1995 (supplies by retailers)—

(a)

immediately before the definition of “notice” insert—

““flat-rate trader” has the meaning given in regulation 55A;”;

(b)

immediately after regulation 69, insert-

“69A

No retailer may use a scheme at any time for which he is a flat-rate trader.”; and

(c)

in regulation 71, make the existing provision paragraph (1) and after it insert—

“(2)

Paragraph (1) shall not apply where a retailer ceases to operate a scheme solely because he becomes a flat-rate trader.”.