SI 2018/326 - The Fulfilment Businesses Regulations 2018
Released 08 March 2018
SI 2018/326 revokes and replaces SI 2018/299 from 9 March 2018 to make provision in connection with the Fulfilment Business Approval Scheme from 1 April 2018 and 1 April 2019.
The Fulfilment Businesses Regulations 2018 make provision in connection with the fulfilment businesses approval scheme provided for by the Finance (No. 2) Act 2017, s. 49(1); that a person may not carry on a third country goods fulfilment business otherwise than in accordance with an approval given by the Commissioners for Her Majesty’s Revenue and Customs (the Commissioners). A person carries on a third country goods fulfilment business if they meet the test set out in F(No. 2)A 2017, s. 48. The Regulations are in five Parts.
•Pt. 1 contains introductory provisions, including provisions relating to communications with the Commissioners.
•Pt. 2 deals with the approval process, including how and when to make an application for approval (reg. 4) and how the Commissioners will respond to an application (reg. 6). Pt. 2 also covers the procedure for variation and revocation of an approval.
•Pt. 3 imposes obligations on approved persons.
•Pt. 4 is concerned with penalties for making late applications for approval and failing to comply with any condition or restriction to which an approval is subject and the obligations imposed under Pt. 3.
•Pt. 5 revokes the Fulfilment Businesses (Approval Scheme) Regulations 2018 (SI 2018/299).
The regulations come into force on 1 April 2018 except Pt. 3 and 4 which come into force on 1 April 2018 for the purposes of contraventions in reg. 14(1)(c) and on 1 April 2019 for all other purposes, and Pt. 5 which comes into force on 9 March 2018.
The document is available here.