Part 6Tax arbitrage
Receipt notices
249Receipt notices
1
An officer of Revenue and Customs may give a company a notice under this section if—
a
the company is UK resident, and
b
the officer considers on reasonable grounds that each of the receipt scheme conditions is or may be met in relation to the company.
2
In this Part—
a
a notice under this section is referred to as a “receipt notice”, and
b
“the receipt scheme conditions” means the conditions specified in section 250.
3
For the consequences of a receipt notice, see section 254.