8

Section 108 of the Finance Act 20095 (suspension of penalties during currency of agreement for deferred payment) applies to a surcharge payable under this regulation with the following modifications—

a

in the Table in subsection (5), insert at the end—

Specified payments within the meaning of regulation 38 of the Income Tax (Construction Industry Scheme) Regulations 2005

Surcharge under regulation 48 of the Income Tax (Construction Industry Scheme) Regulations 2005

, and

b

omit subsections (7), (8), (9) and (11).