Finance Act 1986

7U.K.The following shall be substituted for subsection (7) (interpretation)—

(7)In this section—

(a)prescribed” means prescribed by warehousing regulations;

(b)references to goods which are to be warehoused are references to goods which have been entered for warehousing on importation, which have been removed from a producer’s premises for warehousing without payment of duty or which are to be warehoused on drawback.