Saving

3.  Notwithstanding the appointment of 8th September 1998 for the coming into force of section 59(5) and (6), section 88 of the Taxes Management Act 1970(1) shall continue to have effect with respect to the levy of Class 4 national insurance contributions with income tax, where—

(a) an assessment has been made for the purpose of making good to the Crown a loss of tax wholly or partly attributable to—

(i) a failure to give a notice, make a return or produce or furnish a document or other information required by or under the Taxes Acts, or

(ii) an error in any information, return, accounts or other document delivered to an inspector or other officer of the Board of Inland Revenue; and

(b) that assessment is in respect of the tax year 1996—1997 in respect of a partnership whose trade, profession or business was set up and commenced before 6th April 1994.

(1)

1970 c. 9; section 88 was repealed with exceptions by the Finance Act 1996 (c. 8), Schedule 18 paragraph 17(3) and (4).