81(1)Where—U.K.
(a)a SIP has been established, and
(b)the company makes an application to [F1an officer of Revenue and Customs] for approval of the plan,
[F1an officer of Revenue and Customs] must approve the plan if [F2the officer] [F3is] satisfied that it meets the requirements of Parts 2 to 9 of this Schedule.
(2)An application for approval must—
(a)be in writing, and
(b)contain such particulars, and be supported by such evidence, as [F1an officer of Revenue and Customs] may require.
(3)Once [F1an officer of Revenue and Customs] [F4has] decided whether or not to approve the plan, [F5the officer] must give notice of [F6the] decision to the company.
Textual Amendments
F1Words in Act substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 102(1); S.I. 2005/1126, art. 2(2)(h)
F2Words in Sch. 2 para. 81(1) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 103(1)(j); S.I. 2005/1126, art. 2(2)(h)
F3Word in Sch. 2 para. 81(1) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 121(a)(i); S.I. 2005/1126, art. 2(2)(h)
F4Word in Sch. 2 para. 81(3) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 121(a)(ii); S.I. 2005/1126, art. 2(2)(h)
F5Words in Sch. 2 para. 81(3) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 103(1)(j); S.I. 2005/1126, art. 2(2)(h)
F6Words in Sch. 2 para. 81(3) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 103(3)(a); S.I. 2005/1126, art. 2(2)(h)