9(1)Paragraph 4 (duty to keep and preserve records) is amended as follows.U.K.
(2)In sub-paragraph (2), for “for six years after the effective date of the transaction” substitute “until the end of—
(a)the sixth anniversary of the effective date of the transaction, or
(b)such earlier day as may be specified in writing by the Commissioners for Her Majesty's Revenue and Customs (and different days may be specified for different cases).”
(3)After sub-paragraph (3) insert—
“(4)The Commissioners for Her Majesty's Revenue and Customs may by regulations—
(a)provide that the records required to be kept and preserved under this paragraph include, or do not include, records specified in the regulations, and
(b)provide that those records include supporting documents so specified.
(5)Regulations under this paragraph may make provision by reference to things specified in a notice published by the Commissioners for Her Majesty's Revenue and Customs in accordance with the regulations (and not withdrawn by a subsequent notice).
(6)“Supporting documents” includes accounts, books, deeds, contracts, vouchers and receipts.”
Commencement Information
I1Sch. 50 para. 9 in force at 1.4.2010 for the purposes of the amendments made by that paragraph by S.I. 2010/815, art. 2