SCHEDULES
SCHEDULE 46Duties of senior accounting officers of qualifying companies
Main duty of senior accounting officer
1
1
The senior accounting officer of a qualifying company must take reasonable steps to ensure that the company establishes and maintains appropriate tax accounting arrangements.
2
The senior accounting officer of a qualifying company must, in particular, take reasonable steps—
a
to monitor the accounting arrangements of the company, and
b
to identify any respects in which those arrangements are not appropriate tax accounting arrangements.