71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud (ln_2010_71) | MT

Malta Government Gazette — Legal Notice 2010 71 — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud

Preamble — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

L.N. 71 of 2010

VALUE ADDED TAX ACT

(CAP. 406)

Value Added Tax ((Fourth Schedule) (Amendment)

Regulations, 2010

IN virtue of the powers conferred by articles 8 and 75 of

the Value Added Tax Act, hereinafter referred to as “the Act”, the

Minister of Finance, the Economy and Investment has made the

following regulations

Malta Government Gazette — Legal Notice 2010 71 — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud

Reg. 1 Citation and commencement. — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

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

Tax (Fourth Schedule) (Amendment) Regulations, 2010 and these

should be read and construed as one with the Fourth Schedule to

the Value Added Tax Act, hereinafter in these regulations referred

to as “the Schedule”.

(2) These regulations shall be deemed to have come

into force on the 1st January, 2010.

(3) These regulations shall bring into force the

provisions of paragraph 1 of article 1 of Council Directive

2008/117/EC of 16th December 2008 amending Council Directive

2006/112/EC.

Malta Government Gazette — Legal Notice 2010 71 — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud

Reg. 2 Amends item 1 of the Schedule. — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

In item 1 of the Schedule, immediately after paragraph

(2) there shall be inserted the following proviso

“Provided that, when a continuous supply of goods does

not give rise to statements of account or payments during

a year, it shall be regarded as being delivered at least at

intervals of one year.”.

Malta Government Gazette — Legal Notice 2010 71 — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud

Reg. 3 Amends item 2 of the Schedule. — 71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

(1) In item 2 of the Schedule, immediately at the end of

paragraph (2) there shall be inserted the following proviso

“Provided that, when a continuous supply of services

does not give rise to statements of account or payments

during a year, it shall be regarded as being completed at least

at intervals of one year.”.

(2) In item 2 of the Schedule, immediately after

paragraph (2) as amended there shall be inserted the following new

paragraph

“(3) Notwithstanding the provisions of paragraph (2),

when a supply of services for which VAT is payable pursuant

to article 20(2)(b) of the Act is supplied continuously over

a period of more than one year and it does not give rise to

statements of account or payments during that period it shall

be regarded as being completed on expiry of each calendar

year until such time that the supply comes to an end.”.

€0.19

71 tal-2010 - Regolamenti tal-2010 li jemendaw ir-Raba’ Skeda li tinsab ma’ l-Att dwar it-Taxxa fuq il-Valur Miżjud

Statutory Text (4 Articles)

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