Consequential provisions11

The Income Tax (Construction Industry Scheme) Regulations 200531 are amended as follows—

a

omit regulation 14 (interest on amounts overdue);

b

omit regulation 15 (interest on amounts overpaid);

c

omit regulation 56(4) (application by the Commissioners for Her Majesty’s Revenue and Customs of sums deducted under section 61); and

d

in regulation 58(2) (payment by cheque) omit “regulation 14 interest on amounts overdue”.