26AB(1)  This section applies if–

(a)a person is, as a result of section 26A, taken not to have been entitled to any credit for input tax in respect of any supply, and

(b)the supply is one in respect of which the person is required under section 55A(6) to account for and pay VAT.

26AB(2)  The person is entitled to make an adjustment to the amount of VAT which he is so required to account for and pay.

26AB(3)  The amount of the adjustment is to be equal to the amount of the credit for the input tax to which the person is taken not to be entitled.

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