[F1Goods not transferred and no relevant event occurs within 12 months of arrivalU.K.
Textual Amendments
F1Schs. 9ZA, 9ZB inserted (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 2 para. 2 (with s. 3(4), Sch. 2 para. 7(7)-(10)) (with savings and transitional provisions in S.I. 2020/1545, Pt. 4); S.I. 2020/1642, reg. 9
61(1)The rules in sub-paragraph (2) apply (subject to paragraph 62) if during the period of 12 months beginning with the day the goods arrive in the destination territory the supplier does not transfer the whole property in the goods to the customer and no relevant event occurs.U.K.
(2)The rules are that—
(a)a supply of the goods in the relevant territory (see paragraph 59(3)) is deemed to be made by the supplier,
(b)the deemed supply is deemed to involve the removal of the goods from the origin territory at the beginning of the day following the expiry of the period of 12 months mentioned in sub-paragraph (1), and
(c)an acquisition of the goods by the supplier in pursuance of the deemed supply is deemed to take place in the destination territory.
(3)For the meaning of a “relevant event”, see paragraph 63.]