2. In Schedule 1 to the Value Added Tax Act 1994 (registration in respect of taxable supplies)—
(a)in paragraph 1(1)(a), (1)(b), (2)(a) and (2)(b), for “£52,000” substitute “£54,000”; and
(b)in paragraphs 1(3) and 4(1) and (2), for “£50,000” substitute “£52,000”.