1993 No. 421
VALUE ADDED TAX
The Finance Act 1985 (Interest on Tax) (Prescribed Rate) Order 1993
Made
Laid before the House of Commons
Coming into force
The Treasury, in exercise of the power conferred on them by section 18(8) of the Finance Act 19851, hereby make the following Order:
1
This Order may be cited as the Finance Act 1985 (Interest on Tax) (Prescribed Rate) Order 1993 and shall come into force on 6th March 1993.
2
For the purposes of subsections (1), (3) and (6) of section 18 of the Finance Act 1985 the prescribed rate shall be 6.25 per cent.
Tim WoodTim KirkhopeTwo of the Lords Commissioners of Her Majesty’s Treasury
(This note is not part of the Order)