# The Value Added Tax (Amendment) Regulations 2009, Regulation 5: Adjustments in the course of business


In regulation 38 (adjustments in the course of business)—
(a) in paragraph (1) omit “Subject to paragraph (1A) below,”,
(b) omit paragraph (1A),
(c) omit paragraph (1B),
(d) for paragraph (2) substitute “Where this regulation applies, both the taxable person who makes the supply and a taxable person who receives the supply shall adjust their respective VAT accounts in accordance with the provisions of this regulation.”, and
(e) in paragraph (5) insert “relevant” before “taxable person”.

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Source: https://www.legislation.gov.uk/uksi/2009/586/regulation/5 (the official version)
Page: https://openlegislation.uk/value-added-tax-amendment-regulations-2009/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.