SCHEDULES

SCHEDULE 39Time limits for assessments, claims etc.

FA 1998

47

1

Paragraph 65 (consequential claims) is amended as follows.

2

In sub-paragraph (1), for “fraudulent or negligent conduct on the part of” substitute “ a loss of tax brought about carelessly or deliberately by ”.

3

Accordingly, in the heading before the paragraph, for “fraud or negligence” substitute loss of tax brought about carelessly or deliberately.