SCHEDULES
SCHEDULE 52Recovery of overpaid tax etc
Part 1Income tax and capital gains tax
Consequential amendments
9
1
Section 70H of CAA 2001 (lessee: requirement for tax return treating lease as long funding lease) is amended as follows.
2
In subsection (2), for “for relief under the error or mistake provisions in respect of” substitute “
under the recovery provisions for relief in respect of an amount paid or liable to be paid that is excessive by reason of
”
.
3
In subsection (3)—
a
for “ “the error or mistake provisions”” substitute “
;the recovery provisions
”
, and
b
for “section 33 of” substitute “
Schedule 1AB to
”
.