The Value Added Tax Regulations 1995

[F1 Transitional provisions U.K.

116J.   Regulation 116L applies to an economic life that

(a) would be treated as commencing before 1st November 2007 if that regulation did not apply; and

(b) relates to goods that, before that day, have been put to any private use or used, or made available for use, for non-business purposes by the person described in regulation 116K or any of his predecessors (whether or not a relevant supply arising from that use has been treated as made before that day).]

Textual Amendments

F1 Pt. 15A inserted (1.11.2007) by The Value Added Tax (Amendment) (No. 7) Regulations 2007 (S.I. 2007/3099), regs. 1(2)(b), 4