SCHEDULES

SCHEDULE 47Amendment of information and inspection powers

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1

Paragraph 10 (power to inspect business premises etc) is amended as follows.

2

In sub-paragraph (3), in the definition of “business assets”, for “, excluding documents” substitute “ (but see sub-paragraph (4)) ”.

3

After that sub-paragraph insert—

4

For the purposes of this Schedule, “business assets” does not include documents, other than—

a

documents that are trading stock for the purposes of Chapter 11A of Part 2 of ITTOIA 2005 (see section 172A of that Act), and

b

documents that are plant for the purposes of Part 2 of CAA 2001.