797Recovery under section 795: procedure etcU.K.
(1)A notice served under section 795(2) may require the payment of the amount required to be paid by the notice within 30 days of the service of the notice.
(2)The notice must state—
(a)the amount of the tax referable to the degrouping charge (within the meaning given in section 796(2)),
(b)the amount of corporation tax assessed on A for the relevant accounting period that remains unpaid,
(c)the date when it first became payable, and
(d)the amount required to be paid by the person on whom the notice is served.
(3)The notice has effect—
(a)for the purposes of the recovery from that person of the amount required to be paid and of interest on that amount, and
(b)for the purposes of appeals,
as if it were a notice of assessment and that amount were an amount of tax due from that person.
(4)A person who has paid an amount required to be paid by a notice under section 795(2) may recover the amount paid from A.
(5)A payment required to be made by such a notice is not allowed as a deduction in calculating any income, profits or losses for any tax purposes.
(6)In this section “A” and “the relevant accounting period” have the same meaning as in section 795 (see section 795(1) and section 796(1) respectively).