Article 2 I1

United Kingdom

F1(1)

Where gold is supplied to a Central Bank by a supplier, and the transaction involves the removal of the gold from a member State to Northern Ireland, the taking possession of the gold by the Central Bank concerned is not to be treated for the purposes of the Value Added Tax Act 1994 as the acquisition in Northern Ireland of goods from a member State.

(2)

For the purposes of this article, gold includes gold coins.

Annotations

Textual amendments

F1: Art. 2(1) substituted (31.12.2020) by The Value Added Tax (Miscellaneous Amendments, Northern Ireland Protocol and Savings and Transitional Provisions) (EU Exit) Regulations 2020 (S.I. 2020/1545), regs. 1, 16(2) (with regs. 109-131); S.I. 2020/1641, reg. 2, Sch.

Commencement

I1: Art. 2 in force at 1.1.1993, see art. 1