Finance Act 1944

Part IV U.K. General

1 (1) Any custodian and any person who holds any property to the order of any custodian, on being requested in writing by the Commissioners of Inland Revenue or the Special Commissioners so to do, shall furnish to the Commissioners making the request, within such time, not being less than twenty-eight days, as may be specified therein, such particulars as those Commissioners may require for the purpose of enabling any tax [F1 or duty] to be charged or recovered in accordance with the provisions of this Schedule. U.K.

(2) If any person other than a custodian fails without reasonable excuse to comply with any request under this paragraph within the time specified in the request he shall be liable to a penalty not exceeding fifty pounds and, after judgment has been given for that penalty, to a further penalty of the like amount for every day during which the failure continues.

Textual Amendments

F1 Words repealed in relation to deaths occurring after 13.4.1975 and, so far as regards the duties referred to in s. 52(2)(b) of the repealing Act, in relation to any death, by Finance Act 1975 (c.7, SIF 99:3), ss. 52(2), 59, Sch. 13 Pt. I note (with a saving in s. 52(3) in relation to repayment or allowance in respect of sums paid before 13.3.1975 on account of the said duties)

2 U.K. In this Schedule the following expressions have the meanings hereby respectively assigned to them, that is to say,—

• “the law relating to trading with the enemy” includes the Trading with the M1 Enemy Act, 1939, the Defence (Trading with the Enemy) Regulations, 1940, and any orders made by the Treasury or the Board of Trade under or by virtue of that Act or those Regulations, and, except in relation to property in enemy territory within the meaning of that Act, includes also any corresponding law of any country or territory outside the United Kingdom;

• “custodian” means a custodian of enemy property appointed under the said Act;

• “property” has the meaning assigned to it by section seven of the said Act;

and any reference in this Schedule to any money, property or income received by or in the hands of a custodian shall be construed as including a reference to money, property or income held to the order of a custodian.

Marginal Citations

M1 1939 c. 89.

3 U.K. Part I of this Schedule shall be construed as one with the Income Tax Acts, [F2 Part II of this Schedule shall be construed as one with Part I of the M2 Finance Act, 1894] . . . F3

Textual Amendments

F2 Words repealed in relation to deaths occurring after 13.4.1975 and, so far as regards the duties referred to in s. 52(2)(b) of the repealing Act, in relation to any death, by Finance Act 1975 (c.7, SIF 99:3), ss. 52(2), 59, Sch. 13 Pt. I note (with saving in s. 52(3) in relation to repayment or allowances in respect of sums paid before 13.3.1975 on account of the said duties)

F3 Words repealed with saving by Finance Act 1949 (c. 47), Sch. 11 Pt. IV

Marginal Citations

M2 1894 c. 30.