Commentary

A4.134 Continental shelf operations

Administration and compliance

A4.134 Continental shelf operations

A4.134 Continental shelf operations

Note that these provisions are repealed with effect from 31 March 2012 and replaced with new data-gathering powers under FA 2011, Sch 23, see A6.325–A6.345.

An HMRC officer may issue a notice to a holder of a licence under the Petroleum Act 1998 Pt 1 requiring him within a specified time of not less than 30 days to provide such particulars as the notice may require of transactions in connection with activities authorised by the licence which give rise or might give rise to a liability to tax under ITTOIA 2005, s 874, CTA 2009, s 1313

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial