Finance Act 2005

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Amendment of section 19 (tax due and payable) of Principal Act.

106.—Section 19 of the Principal Act is amended—

(a) in subsection (1)—

(i) by deleting “and” at the end of paragraph (b), and

(ii) by inserting the following after paragraph (b):

“(bb) in the case of continuous supplies being supplies of telecommunications services, electricity, or gas which has the meaning assigned to it in paragraph (i)(c) of the Sixth Schedule, for which a statement of account issues periodically, supplied to a person other than a person to whom an invoice is required under section 17 to be issued, at the time of issue of the statement of account in respect of those supplies, and in this paragraph ‘statement of account’ means a balancing statement, or a demand for payment which issues at least once every 3 months, and”,

and

(b) in subsection (2) by substituting “paragraph (a), (b) or (bb)” for “paragraph (a) or (b)”.