The Value Added Tax Regulations 1995

[F1Value of relevant supplies of goods which have two or more economic livesU.K.

116I.  Where a relevant supply occurs in relation to goods that have two or more economic lives at the time when they are put to private use or used, or made available for use, for non-business purposes, the value of that supply shall be such amount as represents the total of the amounts calculated in accordance with regulation 116E (as varied by regulation 116H as appropriate) in respect of those economic lives.]

Textual Amendments