SCHEDULES
SCHEDULE 24Machine games duty
PART 1Imposition of duty
Accounting periods
14
1
An accounting period for machine games duty is a period of 3 consecutive months.
2
The first day of an accounting period is such day as HMRC may direct.
3
A direction under sub-paragraph (2) may apply generally or only to a particular case or class of case.
4
HMRC may agree with a registered person to make either or both of the following changes for the purposes of that person's liability to machine games duty—
a
to treat specified periods (whether longer or shorter than 3 months) as accounting periods,
b
to begin accounting periods on days other than those applying by virtue of sub-paragraph (2).
5
HMRC may by direction make transitional arrangements for periods (whether of 3 months or otherwise) to be treated as accounting periods where—
a
a person becomes or ceases to be registered, or
b
an agreement under sub-paragraph (4) begins or ends.
6
If there is reason to believe that a person who is liable for machine games duty may not discharge that liability as it falls due from time to time—
a
HMRC may by direction specify shorter periods to be treated as accounting periods for the purposes of that person's liability to machine games duty,
b
any such direction continues to have effect until it is withdrawn by HMRC (unless otherwise specified in the direction), and
c
withdrawal of a direction does not prevent the giving of further directions in respect of the same person.