2. Group 5 of Schedule 9 to the Value Added Tax Act 1994(1) is varied as follows:
(a)after item 2 insert—
“2A The management of credit by the person granting it.”;
(b)in item 9 omit “by the operator of the scheme”;
(c)for item 10 substitute “The management of the scheme property of an open-ended investment company.”;
(d)omit Note (2A);
(e)in Note (5A) omit everything after “receive financial services”;
(f)in Note (6) omit the definition of “operator”;
(g)omit Note (7);
(h)in Note (8) omit “and Note (7)”;
(i)omit Note (9).