Value Added Tax Act 1994 Schedule 14 para 2

Commonwealth Secretariat Act 1966 c.10

Schedule 14, paragraph 2 updates a cross-reference in the Commonwealth Secretariat Act 1966 to reflect the replacement of the Value Added Tax Act 1983 by the Value Added Tax Act 1994.

• This paragraph amends paragraph 10(1A) of the Commonwealth Secretariat Act 1966.
• The existing reference to sections 2A or 2B of the Value Added Tax Act 1983 is replaced with a reference to sections 10 or 15 of the Value Added Tax Act 1994.
• The amendment is a consequential update ensuring that the 1966 Act points to the correct provisions in the new consolidated VAT legislation.
• Sections 10 and 15 of the 1994 Act deal with the determination of the value of supplies for VAT purposes, corresponding to the former sections 2A and 2B of the 1983 Act.