- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Trader1
Other Acts binding the same actors
If a role above is yours, these are the other instruments that most often bind it.
Trader — also bound by 825 other Acts
Value Added Tax Regulations 1995
416 duties
Companies Act 2006
243 duties
Companies Act 1985
85 duties
What it requires
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
s.010
Information to be submitted with elections and effectiveness of elections
Regulated
- Notify HMRC inspector when local currency election ceases to be validTrader
9 other provisions — procedural and definitional
s.001
Citation and commencement
s.002
Definitions
s.003
Elections for trades
s.004
Elections for part trades
s.005
Factors affecting determination of local currency
s.006
Factors relevant to the determination of the primary economic environment
s.007
Provisions supplementary to regulations 4, 5 and 6
s.008
Determination of rate of exchange
s.009
Periods for which elections have effect
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.