PART IIACCOUNTING, PAYMENT, RECORDS, TAX CREDITS, REPAYMENTS, SET-OFF, ETC.

Accounting periods3

1

A registrable person shall be subject to accounting periods.

2

In the case of a registered person, these shall be each three month period ending on the dates notified to him at any time by the Commissioners for this purpose.

3

In the case of any other registrable person, these shall be each three month period ending on 31st March, 30th June, 30th September or 31st December.

4

However, in a particular case, the Commissioners may vary the start, end and length of any accounting period.