Validity of charges. The above charges are valid to end December 2022. Charges are reviewed every three years (or at any time with two months’ notice by either FES or SC). All FES charges will be subject to VAT at the level in force when an event permission is agreed. At time of writing, events on purpose-built mountain bike trails are subject to standard VAT rate (20%).
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
Validity of charges. The above charges are valid to end December 2022. Charges are reviewed every three years (or at any time with two months’ notice by either FES or SCTS). All FES charges will be subject to VAT at the level in force percentage rate valid when an event permission is agreed. At time of writingAs at November 2017, events on purpose-built mountain bike trails such as triathlon are subject to standard VAT rate (20%)exempt from VAT.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement