# The Value Added Tax (Amendment) (No.2) Regulations 2007, Regulation 7: Input tax and partial exemption


In regulation 101—
(a) for sub-paragraphs (b)(i) to (v) of paragraph (3) substitute—
“(i) any supply of a description falling within Group 5 of Schedule 9 to the Act,
(ii) any other financial transaction, and
(iii) any real estate transaction,”,
(b) after paragraph (5) insert—
“(6) For the purposes of this regulation, a “real estate transaction” includes any grant, assignment (including any transfer, disposition or sale), surrender or reverse surrender of any interest in, right over or licence to occupy land.”.

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Source: https://www.legislation.gov.uk/uksi/2007/768/regulation/7 (the official version)
Page: https://openlegislation.uk/value-added-tax-amendment-no2-regulations-2007/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.