1. These Regulations may be cited as the Value Added Tax (Annual Accounting) Regulations 1996 and shall, in the case of a taxable person who is on the 31st March 1996 authorised under regulation 50 of the Value Added Tax Regulations 1995(1) come into force on the first day of his next current accounting year and in respect of any other taxable person, shall come into force on 1st April 1996.
S.I. 1995/2518; to which there are amendments not relevant to these regulations.