1. This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2006 and comes into force on 1st April 2006.

2. In Schedule 1 to the Value Added Tax Act 1994 (registration in respect of taxable supplies)—

(a) in paragraph 1(1)(a), (1)(b), (2)(a) and (2)(b), for “£60,000” substitute “£61,000”; and

(b) in paragraphs 1(3) and 4(1) and (2), for “£58,000” substitute “£59,000”.

3. In Schedule 3 to the Value Added Tax Act 1994 (registration in respect of acquisitions from other member States)—

(a) in paragraph 1(1) and (2), and

(b) in paragraph 2(1)(a), (1)(b) and (2),

for “£60,000” substitute “£61,000”.