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Statutory Instruments

2003 No. 1569

VALUE ADDED TAX

The Value Added Tax (Finance) (No. 2) Order 2003cross-notesI1,I2

Made

16th June 2003

Laid before the House of Commons

16th June 2003

Coming into force in accordance with article 1

The Treasury, in exercise of the powers conferred on them by sections 31(2) and 96(9) of the Value Added Tax Act 1994(1) 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 (Finance) (No. 2) Order 2003 and shall apply in relation to any services performed on or after 1st August 2003.

2. Group 5 of Schedule 9 to the Value Added Tax Act 1994(2) is varied as follows:

(a) after item 2 insert—

2A The management of credit by the person granting it.;

(b) in item 9 omit “by the operator of the scheme”;

(c) for item 10 substitute “The management of the scheme property of an open-ended investment company.”;

(d) omit Note (2A);

(e) in Note (5A) omit everything after “receive financial services”;

(f) in Note (6) omit the definition of “operator”;

(g) omit Note (7);

(h) in Note (8) omit “and Note (7)”;

(i) omit Note (9).

Nick Ainger

John Heppell

Two of the Lords Commissioners of Her Majesty’s Treasury

16th June 2003

(2)

Group 5 was varied by S.I. 1997/510, S.I. 1999/594 and S.I. 2001/3649.

Status: There are currently no known outstanding effects for The Value Added Tax (Finance) ( No. 2) Order 2003.
The Value Added Tax (Finance) (No. 2) Order 2003 (2003/1569)
Version from: 1 October 2023

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Status of this instrument

in force Provision is in force
in force* In force only for specified purposes (for detail about the purposes see/hover footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
italics Defined term
dfn Defined term (alternative style)
gry bckgrd the in-force status of the provision is complex, check the footnotes
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
C1 Order applied in part (with modifications) (N.I.) (1.10.2023) by The Windsor Framework (Retail Movement Scheme: Public Health, Marketing and Organic Product Standards and Miscellaneous Provisions) Regulations 2023 (S.I. 2023/959), regs. 1(2), 4(b), Sch. 2 (with regs. 7, 8)
I1 Art. 1 in force at 1.8.2003, see art. 1
I2 Art. 2 in force at 1.8.2003, see art. 1
Defined Term Section/Article ID Scope of Application

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