Explanatory note
(This note is not part of the Order)
This Order, which comes into force on 1st August 2005, amends the Value Added Tax (Disclosure of Avoidance Schemes)(Designations) Order 2004 (S.I. 2004/1933)(“the Principal Order”).
Article 3 amends Schedule 1 to the Principal Order by designating two new tax avoidance schemes for the purposes of paragraph 3(1) of Schedule 11A to the Value Added Tax Act 1994 and allocating them reference numbers 9 and 10 respectively.
Article 4 amends Schedule 2 to the Principal Order by designating a new provision included in or associated with tax avoidance schemes for the purposes of paragraph 4 of Schedule 11A to that Act.
Schemes designated by the Principal Order and schemes that include or are associated with provisions designated by that Order are subject to the provisions of Schedule 11A requiring, in the circumstances specified in the Schedule, notification to the Commissioners for Her Majesty’s Revenue and Customsf1.
Annotations
Footnotes
- f1
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The functions of the Commissioners of Customs and Excise were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 50(1) of that Act provides that a reference to the Commissioners of Customs and Excise shall be taken as a reference to the Commissioners for Her Majesty’s Revenue and Customs.