(1)The Treasury may by regulations prescribe the circumstances in which [F1an officer of Revenue and Customs] may grant or withdraw approval of any—
(a)scheme,
(b)kind of scheme, or
(c)agent.
(2)The circumstances, whether relating to the terms of schemes or the qualifications of agents or otherwise, are to be such as the Treasury think fit.
(3)The Treasury may by regulations make provision—
(a)requiring a payer or agent who participates (or has at any time participated) in an approved scheme under this Part—
F2(i). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(ii)in prescribed circumstances, to furnish to [F1an officer of Revenue and Customs] prescribed information;
(b)for, and in relation to, appeals F3... against [F4a refusal by an officer of Revenue and Customs to approve], or [F5the officer's] withdrawal of approval from, any—
(i)scheme,
(ii)kind of scheme, or
(iii)agent;
(c)generally for giving effect to sections 713 and 714.
In this subsection “prescribed” means prescribed by the regulations.
Textual Amendments
F1Words in Act substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 102(1); S.I. 2005/1126, art. 2(2)(h)
F2S. 715(3)(a)(i) omitted (1.4.2010) by virtue of The Finance Act 2009, Section 96 and Schedule 48 (Appointed Day, Savings and Consequential Amendments) Order 2009 (S.I. 2009/3054), art. 1, Sch. para. 10
F3Words in s. 715(3)(b) omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 339
F4Word in s. 715(3)(b) substituted (18.4.2005) by virtue of Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 118; S.I. 2005/1126, art. 2(2)(h)
F5Words in s. 715(3)(b) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 103(2)(a); S.I. 2005/1126, art. 2(2)(h)