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The Price Marking (Amendment) Order 2009

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Statutory Instruments

2009 No. 3231

Prices

The Price Marking (Amendment) Order 2009

Made

1st December 2009

Laid before Parliament

10th December 2009

Coming into force

1st January 2010

The Secretary of State makes the following Order in exercise of the powers under section 4 of the Prices Act 1974(1).

In accordance with section 4(3) of that Act,(2) the Secretary of State has consulted, in such manner as appeared to him to be appropriate having regard to the subject matter and urgency of this Order, with such organisations, representative of interests substantially affected by this Order as appeared to him, having regard to those matters, to be appropriate.

Citation and commencement

1.  This Order may be cited as the Price Marking (Amendment) Order 2009 and shall come into force on 1st January 2010.

Change in Value Added Tax

2.  In article 11(a) of the Price Marking Order 2004(3) for “14” substitute “28”.

Kevin Brennan

Minister for Further Education, Skills, Apprenticeships and Consumer Affairs

Department for Business, Innovation and Skills

1st December 2009

EXPLANATORY NOTE

(This note is not part of the Regulations)

This Order amends the Price Marking Order 2004 (SI 2004/102). Article 11 of that Order allowed traders to indicate changes to the Value Added Tax rate on goods by way of a general notice, for a period of up to 14 days after the change had come into effect. This Order extends that period to 28 days.

An impact assessment has not been produced for this instrument as it has no significant impact on the costs of business.

(1)

1974 c.24, section 4(1) substituted by section 16(1) of the Price Commission Act 1977 (c.33) and sections 4(2) and 4(5) amended by sections 16(2)(a) and 16(3) of the Price Commission Act 1977.

(2)

Section 4(3) substituted by section 1(2) and paragraph 11 of Schedule 2 to the Statute Law (Repeals) Act 2004 (c.14).

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