315 Deposit schemes
Finance (No 2) Act 2023 (2023 c 30) | Legislation

Value added tax

315  Deposit schemes

In Part 3 of VATA 1994 (application of Act in particular cases), after section 55A insert—

“55B Deposit schemes: designation

(1)     In sections 55C and 55D “a designated deposit scheme” means a deposit scheme which is designated, for the purposes of this section, by regulations made by the Commissioners.

(2)     A “deposit scheme” means a scheme which is established—

(a)     by regulations under Schedule 8 to the Environment Act 2021, or

(b)     by or under any other enactment that makes similar provision for a returnable deposit to be paid in relation to goods.

(3)     In subsection (2)(b), the reference to an “enactment” includes a reference to an enactment comprised in, or in an instrument made under—

(a)     an Act of the Scottish Parliament,

(b)     a Measure or Act of Senedd Cymru, or

(c)     Northern Ireland legislation.

(4)     Section 97(5) (statutory instruments:

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