# The Value Added Tax (Fiscal Warehousing) (Treatment of Transactions) Order 1996, Article 3

Extent: E+W+S+N.I.

(1) A transaction fulfilling the description set out in paragraph (2) below shall be treated as a supply of goods and not as a supply of services.
(2) The description referred to in paragraph (1) above is that there is a supply (which is not a retail transaction) involving the transfer of any undivided share of property in eligible goods and either—
(a) that supply takes place while the goods in question are subject to a fiscal warehousing regime, or
(b) the transferee causes the goods in question to be placed in a fiscal warehousing regime after receiving that supply but before the supply, if any, which next occurs involving the transfer of any property in those goods.

---
Source: https://www.legislation.gov.uk/uksi/1996/1255/article/3 (the official version)
Page: https://openlegislation.uk/value-added-tax-fiscal-warehousing-treatment-of-transactions-order-1996/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.