CHAPTER 5RULES CONCERNING SPECIFIC GOODS AND MOVEMENTS

F1Article 22Spacecraft

1.

For the purposes of this Article:

(a)

‘spacecraft’ means vehicles which are able to travel outside the earth’s atmosphere;

(b)

‘economic ownership’ means the right of a taxable person to claim the benefits associated with the use of a spacecraft in the course of an economic activity by virtue of accepting the associated risks.

2.

The launching of a spacecraft for which economic ownership has been transferred between two taxable persons F2one of whom is established in F3the United Kingdom shall be recorded:

(a)

as a dispatch in the F4country of construction of the finished spacecraft;

(b)

as an arrival in the F4country where the new owner is established.

3.

The following specific provisions shall apply to the statistics referred to in paragraph 2:

(a)

the data on the statistical value shall be defined as the value of the spacecraft, excluding transport and insurance costs;

(b)

the data on the partner Member State shall be the F5country of construction of the finished spacecraft, on arrival, and the F5country where the new owner is established, on dispatch.

4.

Provided that there is no conflict with other F6... law, national authorities shall have access to all available data sources that they may need to apply this Article, in addition to those of the Intrastat system or customs declarations.