5 Meaning of supply: alteration by Treasury order
Value Added Tax Act 1994 (1994 c 23) | Legislation

5  Meaning of supply: alteration by Treasury order

(1)     Schedule 4 shall apply for determining what is, or is to be treated as, a supply of goods or a supply of services.

(2)     Subject to any provision made by that Schedule and to Treasury orders under subsections (3) to (6) below—

(a)     “supply” in this Act includes all forms of supply, but not anything done otherwise than for a consideration;

(b)     anything which is not a supply of goods but is done for a consideration (including, if so done, the granting, assignment or surrender of any right) is a supply of services.

(3)     The Treasury may by order provide with respect to any description of transaction—

(a)     that it is to be treated as a supply of goods and not as a supply of services; or

(b)     that it is to be treated as a supply of services and not as a supply of goods; or

(c)     that

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Violent disorder

Violent disorderThe offence of violent disorderViolent disorder can be tried in the magistrates' court or the Crown Court. These offences will normally be dealt with in the Crown Court. However, there may be cases involving minor violence or threats of violence leading to no or minor injury, with

LEXISNEXIS

Recklessness in criminal cases

Recklessness in criminal casesWhat is recklessness?In respect of some statutory offences and common law crimes the prosecution are required to prove a mental element of recklessness on the part of the defendant.Recklessness means unjustified risk taking on the part of the accused.Prior to the House

LEXISNEXIS

HCPC—Main hearing of the Health and Care Professions Tribunal

HCPC—Main hearing of the Health and Care Professions TribunalCoronavirus (COVID-19): This Practice Note contains guidance on subjects impacted by the government’s response to the coronavirus outbreak. In particular, the Health and Care Professions Council (HCPC) (Coronavirus) (Amendment) Rules Order

LEXISNEXIS

Indirect effect of EU law

Indirect effect of EU lawWhat is indirect effect of EU law?The doctrine of indirect effect, or consistent interpretation, is a duty that national courts have, as part of the Member State responsible for fulfilment of EU obligations, to interpret national law in light of EU law, especially with