# The Value Added Tax (Education) (No. 2) Order 1994, Article 3


For paragraph (e) of Note (1) there shall be substituted—
“(e) a body which—
(i) is precluded from distributing and does not distribute any profit it makes; and
(ii) applies any profits made from supplies of a description within this Group to the continuance or improvement of such supplies;”.

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Source: https://www.legislation.gov.uk/uksi/1994/2969/article/3 (the official version)
Page: https://openlegislation.uk/value-added-tax-education-no-2-order-1994/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.