SCHEDULES

SCHEDULE 5Enterprise management incentives

Part 7Notification of option to inland revenue

Completion of enquiry: application for closure notice to be given

48

1

An application may be made under this paragraph for a direction requiring F1an officer of Revenue and Customs to give a closure notice within a specified period.

2

The application may be made—

a

by the employer company, or

b

in a case within paragraph 46(3), by the individual concerned.

3

The application must be made—

a

to the General Commissioners, or

b

if the applicant so elects (in accordance with section 46(1) of TMA 1970), to the Special Commissioners.

4

The Commissioners hearing the application must hear and determine it in the same way as an appeal.

5

Those Commissioners must give a direction unless they are satisfied that F1an officer of Revenue and CustomsF2has reasonable grounds for not giving a closure notice within a specified period.