Application of section 54 of the Taxes Management Act 19704
1
Section 54 of the Taxes Management Act 19704 (settling of appeals by agreement) shall apply to a child trust fund appeal to an appeal tribunal, with the following modifications.
2
In subsection (1) for “Commissioners”, in both places where that word occurs, substitute “appeal tribunal”.
3
In subsections (1) and (4) omit “assessment or”, in each place where those words occur.
4
In subsections (1) to (3) and (4)(a) for “inspector or other proper officer of the Crown” substitute “officer of the Board”.
5
In subsection (3)(a), (4)(b) and in the words following paragraph (b) in subsection (4), for “inspector or other proper officer” substitute “officer of the Board”.
6
After subsection (5) add the following subsection—
6
In subsection (1) “appeal tribunal” means an appeal tribunal constituted—
a
in Great Britain, under Chapter 1 of Part 1 of the Social Security Act 1998 (social security appeals: Great Britain), and
b
in Northern Ireland, under Chapter 1 of Part 2 of the Social Security (Northern Ireland) Order 1998 (social security appeals: Northern Ireland).