General

F238B Interest: general treatment.

1

Any interest payable by the Commissioners (whether under an enactment or instrument or otherwise) to a person on a sum due to him under or by virtue of—

a

any provision of this Act,

b

section 25 of the Finance Act 1985, or

c

section 24 of the Finance Act 1989,

shall be treated as an amount due to him by way of credit under section 14(5) above.

2

Subsection (1) above shall be disregarded for the purpose of determining a person’s entitlement to interest or the amount of interest to which he is entitled.