# The Value Added Tax (Terminal Markets) (Amendment) Order 1997

S.I. 1997/1836 · made 25 July 1997

This Order amends the Value Added Tax (Terminal Markets) Order 1973 and extends the zero-rating contained in that Order to supplies in the course of dealings on the London Securities and Derivatives Exchange Limited (OMLX), which is now added to the list of terminal markets to which that Order applies.

Made under: Value Added Tax Act 1994 (Section 50)

## Introductory text

VALUE ADDED TAX
Made 25th July 1997
Laid before the House of Commons 28th July 1997
Coming into force 1st September 1997
The Treasury, in exercise of the powers conferred on them by section 50(1), (2) and (3) of the Value Added Tax Act 1994 and of all other powers enabling them in that behalf, hereby make the following Order:

## 1 

This Order may be cited as the Value Added Tax (Terminal Markets) (Amendment) Order 1997 and shall come into force on 1st September 1997.

## 2 

Paragraph (2) of article 2 of the Value Added Tax (Terminal Markets) Order 1973 shall be amended as follows—
(a) the word “and” after the words “the London Potato and Futures Market” shall be omitted; and
(b) after the words “the London Platinum and Palladium Market” there shall be added the words “and the London Securities and Derivatives Exchange Limited (OMLX).”.

## Signature

Jim Dowd
Jon Owen Jones
Two of the Lords Commissioners of Her Majesty’s Treasury
25th July 1997

## Explanatory note

(This note is not part of the Order)
This Order amends the Value Added Tax (Terminal Markets) Order 1973 and extends the zero-rating contained in that Order to supplies in the course of dealings on the London Securities and Derivatives Exchange Limited (OMLX), which is now added to the list of terminal markets to which that Order applies.

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Source: https://www.legislation.gov.uk/uksi/1997/1836 (the official version)
Page: https://openlegislation.uk/value-added-tax-terminal-markets-amendment-order-1997
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.