# The Value Added Tax Regulations 1995, Regulation 107D: Adjustment of attribution

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

For the purposes of regulations 107A and 107B a person is the successor of another if he is a person to whom that other person has—
(a) transferred assets of his business by a transfer of that business, or part of it, as a going concern; and
(b) the transfer of the assets is one falling by virtue of an Order under section 5(3) of the Act to be treated as neither a supply of goods nor a supply of services;
and the reference in this regulation to a person’s successor includes references to the successors of his successors through any number of transfers.

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Source: https://www.legislation.gov.uk/uksi/1995/2518/regulation/107D (the official version)
Page: https://openlegislation.uk/value-added-tax-regulations-1995/regulation-107D
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.