Regulations, 2010

L.N. 532 of 2010

VALUE ADDED TAX ACT

(CAP. 406)

Value Added Tax Act (Amendment of Second Schedule)

Regulations, 2010

IN exercise of the powers conferred by articles 6 and 75 of the

Value Added Tax Act, the Minister of Finance, the Economy and

Investment has made the following regulations:-

(1) The title of these regulations is the Value Added Tax

Act (Amendment of Second Schedule) Regulations, 2010, and these

regulations shall be read and construed as one with the Second

Schedule to the Value Added Tax Act, which Second Schedule is

hereinafter in these regulations referred to as "the Schedule".

(2) These regulations shall come into force on the 1st January

2011. (3) These regulations transpose the relevant provisions of

Council Directive 2009/162/EU of 22nd December 2009 amending

Council Directive 2006/112/EC of 28th November 2006 on the

common system of value added tax.

For item 2 of the Schedule there shall be substituted the

following

"Energy

2. The supply of electricity, gas, heat or cooling energy

and other sources of energy shall be treated as a supply of

goods.".

Immediately after sub-paragraph (g) of paragraph (2) of

item 17 of the Schedule, there shall be added the following new sub-

paragraph

"(h) the supply of gas through a natural gas system

situated within the territory of the Community or any network

connected to such a system, the supply of electricity or the

supply of heat or cooling energy through heating or cooling

networks, in accordance with the conditions laid down in item 5

of Part One of the Third Schedule.".

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