# The Value Added Tax (Treatment of Transactions) (No.2) Order 1992, Article 2

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

(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.

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Source: https://www.legislation.gov.uk/uksi/1992/3132/article/2 (the official version)
Page: https://openlegislation.uk/value-added-tax-treatment-of-transactions-no2-order-1992/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.