Interpretation
2. In this Order—
“the Act” means the Value Added Tax Act 1983;
“the Manx Act” means the Value Added Tax and Other Taxes Act 1973(1);
“aircraft mortgage” means a mortgage which is registered in accordance with the Mortgaging of Aircraft Order 1972(2) and by virtue of which an aircraft is made security for a loan;
“caravan” includes a motor caravan but does not include a caravan of a description specified in item (1) of Group 11 of Schedule 5 to the Act;
“finance agreement” means an agreement for the sale of goods whereby the property in those goods is not to be transferred until the whole of the price has been paid and the seller retains the right to repossess the goods;
“firearms” means rifles, shotguns, pistols (including revolvers) and air guns but does not include a weapon specified by section 5(1) of the Firearms Act 1968(3)
“insurer” means a person permitted, in accordance with section 2 of the Insurance Companies Act 1982(4), to effect and carry out contracts of insurance against risks of loss of or damage to goods;
“marine mortgage” means a mortgage which is registered in accordance with the Merchant Shipping Act 1894(5) and by virtue of which a boat (but not any share thereof) is made a security for a loan;
“motor cycle” includes a motor bicycle, motor tricycle or motor scooter (whether or not a sidecar is attached), a bicycle or tricycle with an attachment for propelling it by mechanical means and any mechanically propelled vehicle with three wheels capable of accommodating only one person;
“printed matter” includes printed stationery but does not include anything produced by typing, duplicating or photo-copying;
“works of art”, “antiques” and “collectors' pieces” means the following goods—
paintings, drawings and pastels, executed by hand, other than hand-painted or hand-decorated manufactured articles;
original engravings, prints and lithographs;
original sculptures and statuary, in any material;
antiques, of an age exceeding one hundred years, except pearls and loose gem stones;
collection and collectors' pieces of zoological, botanial, mineralogical, anatomical, historical, archaeological, paleontological or ethnographic interest.
Acts of Tynwald 1973 (c. 1).
1968 c. 27; section 5(1) was amended by section 1 of the Firearms (Amendment) Act 1988 (c. 45).