Finance Act, 1975
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Amendment of section 13 of Value-Added Tax Act, 1972. |
52.— Section 13 of the Value-Added Tax Act, 1972 , is hereby amended by the insertion, after subsection (2), of the following subsection: | |
“(2A) (a) With effect on and from the 1st day of March, 1975, notwithstanding any other provision of this Act or of regulations— | ||
(i) subsection (1) and section 17 (2) shall not apply to deliveries of live cattle, and | ||
(ii) dealers in livestock and auctioneers (including persons operating a livestock mart) shall not be treated as persons required under this section to issue invoices in respect of the delivery of live cattle. | ||
(b) (i) This subsection shall expire at the end of the appointed day. | ||
(ii) In this paragraph ‘the appointed day’ means the 30th day of June, 1976, or such day before that day as the Minister may specify by order under this paragraph. | ||
(iii) The reference in paragraph (c) of subsection (3) to an order under that subsection shall be construed as including a reference to an order under this paragraph and paragraph (c) shall have effect accordingly.”. |