
1992 No. 3124
VALUE ADDED TAX
The Value Added Tax (Imported Gold) Relief Order 1992
Made 9th December 1992
Laid before the House of Commons 11th December 1992
Coming into force 1st January 1993

Whereas it appears necessary to the Treasury that the relief from value added tax provided by this Order should be allowed with a view to conforming with Article 14.1(j) of Council Directive No.77/388/EEC and Article 189 of the EEC Treaty:

Now therefore the Treasury, by virtue of the powers conferred on them by section 19(1) of the Value Added Tax Act 1983 and of all other powers enabling them in that behalf, hereby make the following Order:
1 
This Order may be cited as the Value Added Tax (Imported Gold) Relief Order 1992 and shall come into force on 1st January 1993.
2 
The tax chargeable upon the importation of gold (including gold coins) ... shall not be payable where the importation is by a Central Bank.
3 
The Value Added Tax (Imported Goods) Relief Order 1977 is hereby revoked.
Irvine Patnick
Tim Boswell
Two of the Lords Commissioners of Her Majesty’s Treasury
