Part 6U.K.Revenue Functions

GeneralU.K.

324 Exercise of Revenue functionsU.K.

(1)This section applies in relation to the exercise by [F1SOCA] of—

(a)general Revenue functions;

(b)Revenue inheritance tax functions.

(2)[F2Section 2B(2)] does not apply.

(3)[F3SOCA] must apply—

(a)any interpretation of the law which has been published by the Board;

(b)any concession which has been published by the Board and which is available generally to any person falling within its terms.

(4)[F4SOCA] must also take account of any material published by the Board which does not fall within subsection (3).

(5)[F5SOCA] must provide the Board with such documents and information as [F6the Board] consider appropriate.

(6)Concession” includes any practice, interpretation or other statement in the nature of a concession.