Amendment of regulation 2 (interpretation)3

1

In regulation 2(1)—

a

for the definition of “the charge” (“y tâl”) substitute—

  • “the charge” (“y tâl”) means the minimum consideration that must be paid by a customer by virtue of regulation 6(2);

b

in the appropriate places insert—

i

“consideration” (“cydnabyddiaeth”) includes any chargeable VAT;

ii

“VAT” (“TAW”) has the meaning given in section 96 of the Value Added Tax Act 19943.