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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Value Added Tax (Terminal Markets) (Amendment) Order 1981 No. 338 URL: http://www.bailii.org/uk/legis/num_reg/1981/uksi_1981338_en.html |
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Statutory Instruments
VALUE ADDED TAX
Made
5th March 1981
Laid before the House of Commons
13th March 1981
Coming into Operation
6th April 1981
The Treasury, in exercise of the powers conferred on them by sections 26 and 43(1) of the Finance Act 1972(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 (Terminal Markets) (Amendment) Order 1981 and shall come into operation on 6th April 1981.
2.
(a)by inserting the words "the International Petroleum Exchange of London," under the words "the London Wool Terminal Market,"; and
(b)by inserting the words "the London Potato Futures Market," under the words inserted by (a) above.
3. Paragraph (2)(b)(ii) of article 3 of the said Order shall be amended by inserting the words "the International Petroleum Exchange of London, the London Potato Futures Market," after the words "the London Coffee Terminal Market,".
John Wakeham
J.A. Cope
Two of the Lords Commissioners of Her Majesty's Treasury
5th March 1981
This Order amends the Value Added Tax (Terminal Markets) Order 1973. It extends the zero-rating contained in that Order to supplies in the course of dealings on the International Petroleum Exchange of London and on the London Potato Futures Market.
, to which there are substantial amendments, not relevant to this Order, made by the Finance Act 1977 (c. 36).
, as amended by S.I. 1975/385, 1980/304.
