Citation and commencement
1.—(1) These Regulations may be cited as the Value Added Tax (Amendment) (No. 2) Regulations 2002.
(2) These Regulations shall come into force on 25th April 2002 and Part I shall take effect in accordance with paragraph (3) below.
(3) Part I of these Regulations shall take effect—
(a)in the case of a taxable person who is on 24th April 2002 authorised under regulation 50 of the Value Added Tax Regulations 1995(1), from the first day of his next prescribed accounting period beginning after that date; and
(b)in the case of any other taxable person, from 25th April 2002.