1.—(1) These Regulations may be cited as the Value Added Tax (Amendment) (No. 2) Regulations 1999 and shall, subject to the following paragraphs of this regulation, come into force on 10th March 1999.
(2) Regulation 3 shall have effect in respect of payments received on or after 10th March 1999.
(3) In relation to a taxable person whose registration period (as defined by regulation 99(1)(e) of the Value Added Tax Regulations 1995(1)) commenced before 10th March 1999 and ends after that day, regulations 4 and 5 shall have effect from the commencement of his first tax year (as defined by regulation 99(1)(d)(i) of the Value Added Tax Regulations 1995).
(4) In relation to a taxable person—
(a)who was registered before 10th March 1999, and
(b)to whom paragraph (3) above does not apply, and
(c)who does not have a tax year (as defined by regulation 99(1)(d) of the Value Added Tax Regulations 1995) commencing on 10th March 1999,
regulations 4 and 5 shall have effect from the first day of the first of his tax years commencing after that day.
(5) Regulation 6 shall have effect in respect of subsequent adjustment intervals (within the meaning of Part XV of the Value Added Tax Regulations 1995) commencing on or after 10th March 1999.