SCHEDULE 1AMENDMENTS

Value Added Tax Act 199428

1

The Value Added Tax Act 1994 M1 is amended as follows—

2

In Group 8 of Schedule 8 (zero-rating: transport), in Note (4E), in the definition of “universal service provider”, for “the Postal Services Act 2000” substitute “ Part 3 of the Postal Services Act 2011 ”.

3

In Group 3 of Schedule 9 (exemptions: postal services)—

a

omit Note (1);

b

in Note (2), for “a licence duty” substitute “ a specified condition ”;

c

in Note (3), for the words from “postal facilities” to the end substitute “ postal network (within the meaning of section 38 of the Postal Services Act 2011) and which are required to be provided by a specified condition ”;

d

in Note (4)(a), for “a licence” substitute “ a specified condition ”;

e

in Note (5)—

i

for “a licence duty” substitute “ a specified condition ”, and

ii

for “the licence” substitute “ the condition ”;

f

for Note (6) substitute—

6

In this Group “specified condition” means a designated USP condition, a USP access condition or a transitory condition under paragraph 5 of Schedule 9 to the Postal Services Act 2011 which is imposed only on a universal service provider.

7

Any expression which is used in this Group and in Part 3 of the Postal Services Act 2011 has the same meaning in this Group as in that Part.