SCHEDULES
C1SCHEDULE 2 Management and Collection of Petroleum Revenue Tax
F1Participator requires review by HMRC
Sch. 2 paras. 14A-14I and cross-headings inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 75
C11C10C9C8C7C6C5C4C3C214B
1
Sub-paragraphs (2) and (3) apply if the participator notifies HMRC that the participator requires HMRC to review the matter in question.
2
HMRC must, within the relevant period, notify the participator of HMRC’s view of the matter in question.
3
HMRC must review the matter in question in accordance with paragraph 14E.
4
The participator may not notify HMRC that the participator requires HMRC to review the matter in question and HMRC shall not be required to conduct a review if—
a
the participator has already given a notification under this paragraph in relation to the matter in question,
b
HMRC have given a notification under paragraph 14C in relation to the matter in question, or
c
the participator has notified the appeal to the tribunal under paragraph 14D.
5
In this paragraph “relevant period” means—
a
the period of 30 days beginning with the day on which HMRC receive the notification from the participator, or
b
such longer period as is reasonable.
See Oil Taxation Act 1983 (c. 56), Sch. 4 para. 14 for application of Sch. 2 to tax chargeable only by virtue of the provisions of s. 12 and Sch. 4 of that Act