On 19/06/2013,
you requested for the version in force on 19/06/2013
incorporating all amendments published on or before 19/06/2013.
The closest version currently available is that of 29/06/2007.
No. S 328
Goods and Services Tax Act
Goods and Services Tax Act (Amendment of Second Schedule) Order 2007
In exercise of the powers conferred by section 10 of the Goods and Services Tax Act, the Minister for Finance hereby makes the following Order:
1. This Order may be cited as the Goods and Services Tax Act (Amendment of Second Schedule) Order 2007 and shall come into operation on 1st July 2007.
2. The Second Schedule to the Goods and Services Tax Act is amended by deleting paragraph 6 and substituting the following paragraph:
“6. Where, in the case of a business carried on by a taxable person, goods forming part of the assets of the business are, under any power exercisable by another person —
(a)
supplied by way of sale; or
(b)
used in the making of any supply (other than a supply by way of sale),
by the other person in or towards satisfaction of a debt owed by the taxable person, the supply by the other person shall be a supply of goods or a supply of services determined in accordance with this Act and be deemed to be made by the taxable person in the course or furtherance of his business.”.
[MF(R) R60.1.0001 Vol. 40; AG/LEG/SL/117A/2002/1 Vol. 3]