Finance Act 1972

47 Commencement

(1) Tax shall not be charged on any supply or importation taking place before 1st April 1973.

(2) Notwithstanding anything in section 7 of this Act or in section 79 of the [1952 c. 44.] Customs and Excise Act 1952 as applied by section 17 of this Act—

(a) a payment made before 1st April 1973 may be disregarded in determining for the purposes of this section whether a supply takes place before that date if, or to the extent that, it appears to the Commissioners that it would not have been so made but for the tax; and

(b) goods of which entry is made under section 28 of the Customs and Excise Act 1952 shall be treated for the purposes of this section as imported on the date on which entry is so made, except that if the entry is for warehousing the goods shall be treated for the purposes of this section as imported on the date on which they are removed from warehouse.