Finance (No. 2) Act 2017

FA 1998

28 (1) Paragraph 32 (completion of enquiry) is amended as follows.

(2) For sub-paragraph (1) substitute—

“(1) Any matter to which an enquiry relates is completed when an officer of Revenue and Customs informs the company by notice (a “partial closure notice”) that they have completed their enquiries into that matter.

(1A) An enquiry is completed when an officer of Revenue and Customs informs the company by notice (a “final closure notice”)—

(a) in a case where no partial closure notice has been given, that they have completed their enquiries, or

(b) in a case where one or more partial closure notices have been given, that they have completed their remaining enquiries.

(1B) A partial or final closure notice takes effect when it is issued.”

(3) In subsection (2), after “concludes” insert “in a partial or final closure notice”.

(4) After sub-paragraph (3) insert—

“(4) In the Taxes Acts, references to a closure notice under this paragraph are to a partial or final closure notice under this paragraph.”