Power to require informationU.K.
45(1)The Inland Revenue may by notice require any person to provide them with any information—U.K.
(a)which they reasonably require for the performance of their functions under the SAYE code, and
(b)which the person to whom the notice is addressed has or can reasonably obtain.
(2)The power conferred by this paragraph extends, in particular, to—
(a)information to enable the Inland Revenue—
(i)to decide whether to approve an SAYE option scheme or to withdraw an approval already given, or
(ii)to determine the liability to tax, including capital gains tax, of any person who has participated in a scheme, and
(b)information about the administration of a scheme and any alteration of the terms of a scheme.
(3)The notice must require the information to be provided within a specified time, which must not end earlier than 3 months after the date when the notice is given.