Explanatory note

These Regulations revoke the Value Added Tax (Repayments to Third Country Traders) (Amendment) Regulations 1992 which did not achieve what was intended to be achieved, namely the implementation of the modification ofArticle 17.4 of the European Economic Community Sixth Directive (No. 77/338/EEC OJ No. 445, 13.7.1977, p. 1) which modification enables third country traders whose taxable supplies fall to be taxed in accordance with section 32B of the Value Added Tax Act 1983 to be entitled to repayment of tax under the Value Added Tax (Repayments to Third Country Traders) Regulations 1987.

These Regulations achieve what was intended to be achieved by inserting sub-paragraph (b)(iii) into regulation 5(2) of the Value Added Tax (Repayments to Third Country Traders) Regulations 1987.