The Value Added Tax Regulations 1995

Interpretation of Part XVIII

156.  In this Part—

“claim” means a claim in accordance with regulations 157 and 158 for a refund of VAT to which a person is entitled by virtue of section 22 of the Value Added Tax Act 1983(1) and “claimant” shall be construed accordingly;

“debtor” means the individual, or company, mentioned in subsection (2) or (3) of section 22 of the Value Added Tax Act 1983 who, or which, has become insolvent within the meaning of either of the said subsections;

“purchaser” means a person (whether or not he is the debtor) to whom the claimant made a supply or supplies for consideration in money which the debtor is liable to pay;

“refund” means a refund of VAT to which the claimant is entitled by virtue of section 22 of the Value Added Tax Act 1983.

(1)

1983 c. 55 ; section 22 was substituted by section 32(1) of the Finance Act 1985 (c. 54) and, in relation to supplies made after 26th July 1990, repealed by Part III of Schedule 19 to the Finance Act 1990 (c. 29) . Paragraph 9(1) of Schedule 13 to the Value Added Tax Act 1994 (c. 23) preserves the right to make claims under section 22 of the 1983 Act.