# The Value Added Tax (Cash Accounting) (Amendment) Regulations 1990, Regulation 4


In regulation 6 —
(a) in paragraph (2), for the words from “shall” to “years” there shall be substituted the words “may, subject to the provisions of regulation 10 of these Regulations, remain in the scheme”;
(b) in sub-paragraph (b) of paragraph (2), between the words “next” and “accounting” there shall be inserted the word “prescribed”; and
(c) after paragraph (2) there shall be inserted the following —
“(3) An authorised person may withdraw from the scheme where—
(i) he derives no benefit from remaining in the scheme, or
(ii) he is unable, by reason of his accounting system, to comply with the requirements of the scheme,
and following written notification of that fact by him to the Commissioners they shall terminate his authorisation at the end of the prescribed accounting period in which such notification is recieved by them.”

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Source: https://www.legislation.gov.uk/uksi/1990/420/regulation/4 (the official version)
Page: https://openlegislation.uk/value-added-tax-cash-accounting-amendment-regulations-1990/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.