(1)An application under section 1044—
(a)must be in writing, and
(b)must contain particulars of the relevant transactions.
(2)The Commissioners may by notice require the applicant to provide further particulars for the purpose of enabling them to make their decision.
(3)The power under subsection (2) must be exercised within 30 days of the receipt of—
(a)the application, or
(b)any further particulars previously required under subsection (2).
(4)If a notice under subsection (2) is not complied with within 30 days, or any longer period that the Commissioners may allow, the Commissioners need not proceed further on the application.
(5)The Commissioners must notify their decision to the applicant—
(a)within 30 days of receiving the application, or
(b)if they give notice under subsection (2), within 30 days of the notice being complied with.
(6)If particulars provided under this section do not fully and accurately disclose all facts and circumstances material for the decision of the Commissioners, any resulting notification by the Commissioners is void.