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Schedule 10B, paragraph 1(3)

VATA 1994
Value Added Tax Act 1994 · United Kingdom

The second condition is that either or both of— are limited and are stated on or recorded in the instrument or the terms and conditions governing the use of the instrument. the goods and services for the provision of which the instrument may be accepted as consideration, and the persons who are under the obligation to accept the instrument as consideration for the provision of goods or services,

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Source: legislation.gov.uk · retrieved 2026-07-28