C3C8C9C7C6C1C5C4C2Part 4Pension schemes etc

Annotations:

Chapter 7Compliance

F1Payment

Annotations:
Amendments (Textual)
F1

Ss. 255A, 255B and cross-heading inserted (6.4.2006) by Finance Act 2005 (c. 7), Sch. 10 paras. 48, 64(1)

255BPayments to be cleared payments

1

A payment made to the Board of Inland Revenue or the Inland Revenue under or by virtue of this Part (otherwise than in cash) is to be treated as not having been made until the earliest date on or before which all the transactions that need to be completed before the whole amount of the payment becomes available to the Board are capable of being completed.

2

In this section “the Inland Revenue” includes any person who is acting under the authority of the Board of Inland Revenue.