The Value Added Tax (Amendment) (No. 2) Regulations 2012

General amendments

7.  In regulation 6 (transfer of a going concern)—

(a) in paragraph (1)—

(i) in sub-paragraph (b), after “Schedule 1” insert “or 1A”,

(ii) in sub-paragraph (c), for “under that Schedule” wherever it occurs substitute “under either Schedule” and for “under paragraph 9 of that Schedule” substitute “under paragraph 9 of Schedule 1 to the Act”,

(iii) in sub-paragraph (d) for “the form numbered 3 in Schedule 1 to these Regulations” substitute “the form specified in a notice published by the Commissioners”, and

(iv) for “cancel the registration under Schedule 1” to the end substitute “cancel the registration under Schedule 1 or 1A to the Act of the transferor and register the transferee under Schedule 1 or 1A to the Act as appropriate with the registration number previously allocated to the transferor”;

(b) in paragraph (2) after “Schedule 1” insert “or paragraph 7 of Schedule 1A”; and

(c) in paragraph (3) after “Schedule 1” insert “or 1A”.