Value Added Tax (Works of Art, Antiques and Scientific Collections) Order 1972
| Jurisdiction | UK Non-devolved |
| Citation | SI 1972/1971 |
| Year | 1972 |
1972 No. 1971
VALUE ADDED TAX
The Value Added Tax (Works of Art, Antiques and Scientific Collections) Order 197215thDecember 1972
2lstDecember 1972
1stApril 1973
The Treasury, in exercise of the powers conferred on them by sections 3(6) and 14 of the Finance Act 1972(a) hereby make the following Order:—
Citation and commencement
1. This Order may be cited as the Value Added Tax (Works of Art, Antiques and Scientific Collections) Order 1972 and shall come into operation on 1st April 1973.
Interpretation
2.—(1) The Interpretation Act 1889(b) shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.
(2) In this Order "input tax", "tax", "taxable person" and "the Commissioners " have the same meanings as in Part I of the Finance Act 1972.
Relief for works of art, antiques and collectors' pieces
3.—(1) This Article applies to the following goods—
(a) paintings, drawings and pastels, executed by hand;
(b) original engravings, prints and lithographs;
(c) original sculptures and statuary, in any material;
(d) antiques, of an age exceeding one hundred years, except pearls and loose gem stones;
(e) collections and collectors' pieces of zoological, botanical, mineralogical, anatomical, historical, archaeological, paleontological or ethnographic interest.
(2) Where goods to which this Article applies are supplied by a taxable person, and either—
(a) he has acquired them under a supply on which no tax was chargeable or on which tax was chargeable in accordance with Article 4 of this Order; or
(b) he has imported them in circumstances in which (whether by virtue of this Order or otherwise) no tax was chargeable on the importation;
Article 4 of this Order shall apply to the supply, except as otherwise provided by the following paragraphs of this Article.
(a) 1972 c. 41.
(b) 1889 c. 63.
(3) Article 4 does not apply to a supply which is a letting on hire.
(4) Article 4 does not apply to a supply if an invoice or similar document showing an amount as being tax or as being attributable to tax is issued in respect of the supply.
(5) Article 4 does not apply to any supply by a person unless he keeps such records and accounts as the Commissioners may specify in a notice published by them for the purposes of this Order or may recognise as sufficient for those purposes.
4.—(1) Where this Article applies to a supply of goods by any person, tax shall be chargeable as if the supply were for a...
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