
1 
This Order may be cited as the Value Added Tax (Finance) (No. 2) Order 2003 and shall apply in relation to any services performed on or after 1st August 2003.
2 
Group 5 of Schedule 9 to the Value Added Tax Act 1994 is varied as follows:
(a) after item 2 insert—“
2A 
The management of credit by the person granting it.”;
(b) in item 9 omit “by the operator of the scheme”;
(c) for item 10 substitute “The management of the scheme property of an open-ended investment company.”;
(d) omit Note (2A);
(e) in Note (5A) omit everything after “receive financial services”;
(f) in Note (6) omit the definition of “operator”;
(g) omit Note (7);
(h) in Note (8) omit “and Note (7)”;
(i) omit Note (9).
Nick Ainger
John Heppell
Two of the Lords Commissioners of Her Majesty’s Treasury
16th June 2003