SCHEDULE 1Modification of enactments
PART 1Primary legislation
Value Added Tax Act 1994I112
1
The Value Added Tax Act 199434 is amended as follows.
2
In section 73 (failure to make returns etc.), in each of subsections (5) and (10), for “interim or permanent trustee” substitute “trustee in sequestration”.
3
In section 75(4) (assessments in cases of acquisitions of certain goods by non-taxable persons), for “interim or permanent trustee” substitute “trustee in sequestration”.
4
In section 76(10) (assessment of amounts due by way of penalty, interest or surcharge), for “interim or permanent trustee” substitute “trustee in sequestration”.
5
In section 78A(8)35 (assessment for interest overpayments), for “interim or permanent trustee” substitute “trustee in sequestration”.
6
In section 81(5)(c) (interest given by way of credit and set-off of credits), for “1985” substitute “2016”.
7
In section 96(1) (interpretation)—
a
omit the definitions of “interim trustee” and “permanent trustee”; and
b
after the definition of “tribunal”, insert—
“trustee in sequestration” means a trustee (or interim trustee) in a sequestration under the Bankruptcy (Scotland) Act 2016
8
In paragraph 2(5)(b) of Schedule 11 (administration, collection and enforcement), for “interim or permanent trustee” substitute “trustee in sequestration”.