Value Added Tax Consolidation Act 2010 section 120

Regulations

Section 120 gives Revenue a broad power to make regulations for the purpose of giving effect to the VAT Acts, and lists the specific matters across all Parts and Schedules of the Act on which regulations may be made.

• Revenue may make whatever regulations they consider necessary to give effect to the Act and to discharge their functions under it, with specific regulatory powers set out for each Part of the Act from registration through to administration.
• The scope of the regulation-making power covers registration and cancellation, invoicing and record-keeping, returns, deductions and apportionments, special schemes, imports and exports, immovable goods, refunds, and a range of administrative matters including recovery of unpaid tax and service of notices.
• Certain regulations — including those on import VAT deferral, average build and foot size for children's clothing and footwear, and short-term lettings — may not be made without the consent of the Minister for Finance.
• All regulations made under this section must be laid before Dáil Éireann as soon as practicable after they are made, and may be annulled by resolution of the Dáil within 21 sitting days.

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