23 Bad debt relief
Finance Act 1998 (1998 c 36) | Legislation

23  Bad debt relief

(1)     In subsection (1)(a) of section 36 of the Value Added Tax Act 1994 (bad debts), the words “for a consideration in money” shall be omitted.

(2)     In subsection (3) of that section—

(a)     in paragraph (a), for “payment by way” there shall be substituted “part”; and

(b)     in paragraph (b), for “a payment or payments by way” there shall be

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