# The Value Added Tax (Finance) Order 1987, Note: Explanatory note


(This note is not part of the Order.)
This Order is concerned with the value added tax exemption for securities and secondary securities in item 6, Group 5 of Schedule 6 to the Value Added Tax Act 1983. It deletes the reference in that item to section 42 of the Exchange Control Act 1947 (c. 14) and substitutes a full definition of securities and secondary securities. The Order does not alter the coverage of the exemption.

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Source: https://www.legislation.gov.uk/uksi/1987/860/note (the official version)
Page: https://openlegislation.uk/value-added-tax-finance-order-1987/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.