
1 
This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 1998 and shall come into force on 1st April 1998.
2 
Schedule 1 to the Value Added Tax Act 1994 shall be amended as follows—
(a) in paragraphs 1(1)(a), 1(1)(b), 1(2)(a) and 1(2)(b) for “£49,000” there shall be substituted “£50,000”; and
(b) in paragraphs 1(3), 4(1) and 4(2) for “£47,000” there shall be substituted “£48,000”.
3 
Schedule 3 to the Value Added Tax Act 1994 shall be amended in paragraphs 1(1), 1(2), 2(1)(a), 2(1)(b) and 2(2) by substituting “£50,000” for “£49,000”.
Graham Allen
Jim Dowd
Two of the Lords Commissioners of Her Majesty’s Treasury
17th March 1998