Part 2Trading income
Chapter 8Trade profits: herd basis rules
Supplementary
128Information if election made
(1)
The Inland Revenue may by notice require the person carrying on a trade in relation to which a herd basis election is made to deliver a return of such information about—
(a)
the animals kept for the purposes of the trade, and
(b)
the products of those animals,
as may be required by the notice.
(2)
The return must be delivered to the Inland Revenue within the time specified in the notice.