Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 39 U.K. Time limits for assessments, claims etc.

Consequential amendments U.K.

63 U.K. In section 178(3) of FA 1993 (stop-loss and quota share insurance)—

(a) in paragraph (a), for “six years” substitute “ 4 years ”, and

(b) in paragraph (b), for “fraudulent or negligent conduct” substitute “ loss of tax brought about carelessly or deliberately ”.

64 U.K. In section 225(3)(b) of FA 1994 (stop-loss and quota share insurance), for “fraudulent or negligent conduct” substitute “ loss of tax brought about carelessly or deliberately ”.

65 U.K. In consequence of the preceding provisions of this Schedule, omit—

(a) section 149(4)(a)(i) and (ii) of FA 1989,

(b) paragraphs 4 and 6 of Schedule 21 to FA 1996,

(c) section 47(10) of FA 1997,

(d) paragraph 18 of Schedule 19 to FA 1998, and

(e) section 91(6)(b) of FA 2007.