F1PART 4ASecurity for payment of PAYE
Outcome of application for reduction in the value of security held: further provision97U
1
This regulation applies—
a
in cases which fall within regulation 97P(2)(b), and
b
where PGS’ application is made under regulation 97S(1)(a).
2
As a consequence of arrangements made under regulation 97T(2) (outcome of application for reduction in the value of security held), an officer of Revenue and Customs may require any other person who was given notice under regulation 97Q (notice of requirement) in relation to the security (“the original security”), or any other person mentioned in regulation 97P(1), to provide security in substitution for the original security.
3
Where an officer of Revenue and Customs acts in reliance on paragraph (2), the officer must give notice (“a further notice”).
4
Regulation 97Q and regulation 97R (date on which security is due) apply in relation to a further notice.
5
Subject to paragraph (6), regulation 97V(1) (appeals) applies in relation to a further notice.
6
A person who is given a further notice and who was also given notice under regulation 97Q in relation to the original security may only appeal on the grounds the person is not a person mentioned in regulation 97P(1).
Pt. 4A inserted (6.4.2012) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2012 (S.I. 2012/822), regs. 1(1), 58