Action after adjustment of amount payable by way of bank levy or German bank levy
Consequences of adjustment of the bank levy or German bank levy11
1
Paragraph (2) applies to a claim or assessment if—
a
the amount of credit given under regulation 4 is reduced under regulation 9, or becomes excessive or insufficient by reason of any adjustment of the amount of any bank levy or German bank levy,
b
the reduction or adjustment gives rise to the claim or assessment, and
c
the claim or assessment is made not later than 6 years from the time when all material determinations have been made, whether in the UK or elsewhere.
2
Nothing in the Tax Acts limiting the time for the making of assessments, or limiting the time for the making of claims for relief, applies to the assessment or claim.
3
In paragraph (1)(c) “material determination” means an assessment, reduction, adjustment or other determination that is material in determining whether any, and (if so) what, credit is to be given.