Section 43C — Value Added Tax Act 1994: Groups: termination of membership.

Groups: termination of membership. 43C 1 The Commissioners may, by notice given to a person , terminate its treatment as a member of a group from a date—

a which is specified in the notice, and b which is, or falls after, the date on which the notice is given.

2 The Commissioners may give a notice under subsection (1) above only if it appears to them to be necessary for the protection of the revenue.

3 Where—

a a person is treated as a member of a group, and b it appears to the Commissioners that the person is not, or is no longer, eligible by virtue of section 43A to be treated as a member of the group, the Commissioners shall, by notice given to the person , terminate its treatment as a member of the group from a date specified in the notice.

4 The date specified in a notice under subsection (3) above may be earlier than the date on which the notice is given but shall not be earlier than—

a the first date on which, in the opinion of the Commissioners, the person was not eligible to be treated as a member of the group, or b the date on which, in the opinion of the Commissioners, the person ceased to be eligible to be treated as a member of the group.