
Print Options
PrintThe Whole
Act
PrintThe Whole
Schedule
PrintThe Whole
Cross Heading
PrintThis
Section
only
Status:
This is the original version (as it was originally enacted).
1(1)VAT shall be under the care and management of the Commissioners.
(2)All money and securities for money collected or received for or on account of VAT shall—
(a)if collected or received in Great Britain, be placed to the general account of the Commissioners kept at the Bank of England under section 17 of the Management Act;
(b)if collected or received in Northern Ireland, be paid into the Consolidated Fund of the United Kingdom in such manner as the Treasury may direct.
Back to top