1 These Regulations may be cited as the Value Added Tax (General) (Amendment) Regulations 1994 and shall come into force on 1st December 1994, except that—
(a) where the next prescribed accounting period of a taxable person begins on a day after 1st December 1994 regulations 3, 4 and 6 shall not have effect in relation to him until the first day of that prescribed accounting period; and
Regulation 29(1) of the Value Added Tax (General) Regulations 1985 (S.I.1985/886, as ammended by S.I.1992/3102) defines “prescribed accounting period” (for the purposes of Part V of those Regulations).
Section 3(1) of the Value Added Tax Act 1994 (c. 23) defines “taxable person”.
(b) where the next tax year of a taxable person begins on a day after 1st December 1994 regulation 5 shall not have effect in relation to him until the first day of that tax year.
Regulation 29(1) of the Value Added Tax (General) Regulations 1985 defines “tax year”.