The Value Added Tax (Registered Social Landlords) (No. 2) Order 1997

Statutory Instruments

1997 No. 51

VALUE ADDED TAX

The Value Added Tax (Registered Social Landlords) (No. 2) Order 1997

Made

14th January 1997

Laid before the House of Commons

15th January 1997

Coming into force

1st March 1997

The Treasury in exercise of the powers conferred on them by section 51(2) of the Value Added Tax Act 1994(1) and of all other powers enabling them in that behalf, hereby make the following Order:

1.  This Order may be cited as the Value Added Tax (Registered Social Landlords) (No. 2) Order 1997 and shall come into force on 1st March 1997.

2.  Schedule 10 to the Value Added Tax Act 1994 shall be amended as follows—

(a) in sub-paragraph (3)(a) of paragraph 2 substitute “relevant housing association” for “registered housing association”; and

(b) for sub-paragraph (8) of paragraph 3 substitute—

“(8) In paragraph 2 above “relevant housing association” means—

(a) a registered social landlord within the meaning of Part I of the Housing Act 1996(2),

(b) a registered housing association within the meaning of the Housing Associations Act 1985(3) (Scottish registered housing associations), or

(c) a registered housing association within the meaning of Part II of the Housing (Northern Ireland) Order 1992(4) (Northern Irish registered housing associations).”.

Patrick McLoughlin

Roger Knapman

Two of the Lords Commissioners of Her Majesty’s Treasury

1st March 1997

Explanatory Note

(This note is not part of the Order)

This Order amends Schedule 10 (Buildings and Land) to the Value Added Tax Act 1994 with effect from 1st March 1997, to take account of changes introduced by the Housing Act 1996 (c. 52).

Article 2 amends paragraphs 2(3)(a) and 3(8) of Schedule 10 by replacing for England and Wales the references to “registered housing associations” with references to “registered social landlords”. This ensures that land supplied to a “registered social landlord” will be exempt from VAT in the same way as land supplied to a “registered housing association”.

(1)

1994 c. 23.

(2)

1996 c. 52.

(3)

1985 c. 69.

(4)

S.I. 1992/1725 (N.I. 15).