SCHEDULES

SCHEDULE 4Approved CSOP schemes

Part 7Approval of schemes

Application for approval

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1

Where—

a

a CSOP scheme has been established, and

b

the scheme organiser makes an application to F5an officer of Revenue and Customs for approval of the scheme,

F5an officer of Revenue and Customs must approve the scheme if F2the officerF1is satisfied that it meets the requirements of Parts 2 to 6 of this Schedule.

2

An application for approval—

a

must be in writing, and

b

must contain such particulars and be supported by such evidence as F5an officer of Revenue and Customs may require.

3

Once F5an officer of Revenue and CustomsF4has decided whether or not to approve the scheme, F2the officer must give notice of F3the decision to the scheme organiser.