Search Legislation

The Finance Act 2004, section 22(2), (Appointed Day) Order 2004

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening Options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Statutory Instruments

2004 No. 3104 (C. 129)

VALUE ADDED TAX

The Finance Act 2004, section 22(2), (Appointed Day) Order 2004

Made

25th November 2004

The Treasury, in exercise of the powers conferred on them by section 22(6) of the Finance Act 2004(1), hereby make the following Order:

1.  This Order may be cited as the Finance Act 2004, section 22(2), (Appointed Day) Order 2004.

2.  The day appointed as the day on which section 22(2) of the Finance Act 2004 comes into force is 1st January 2005.

John Heppell

Nick Ainger

Two of the Lords Commissioners of Her Majesty’s Treasury

25th November 2004

Explanatory Note

(This note is not part of the Order)

This Order brings section 22(2) of the Finance Act 2004 (c. 12) into force on 1st January 2005.

Section 22(2) inserts paragraph 1A into Schedule 6 to the Value Added Tax Act 1994 (c. 23) which introduces a new power to determine the value of a supply where a stock-in-trade motor car is supplied for a consideration by a motor dealer or motor manufacturer to an employee or other specified persons and the value of the supply is less than its open market value. Paragraph 1A gives the Commissioners the power to direct that the value of such a supply shall be taken to be its open market value.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources