Amendment of Schedule 10 to the Value Added Tax Act 19943

In paragraph 3(4)(a) (meaning of “relevant associate”), for everything from “and” to the end, substitute—

  • ,

aa

where the body corporate has disposed of such an interest, it is not the case that a supply for the purposes of the charge to VAT in respect of the disposal—

i

is yet to take place, or

ii

would be yet to take place if one or more conditions (such as the happening of an event or the doing of an act) were to be met,