12In section 43 (notice of enquiry)—
(a)in subsection (1), for the words from “period” to the end substitute “enquiry period (but see subsection (1B)).”;
(b)after subsection (1) insert—
“(1A)The enquiry period for a tax return is the period of 12 months beginning with the relevant date.
(1B)But WRA may enquire into a tax return after the expiry of the enquiry period if—
(a)the tax return is made in respect of a land transaction,
(b)after the tax return is made, a further return is made in respect of the same land transaction,
(c)WRA has issued a notice of enquiry into the further return, and
(d)WRA believes it is necessary to enquire into the tax return mentioned in paragraph (a).”;
(c)in subsection (2), at the beginning insert “For the purposes of subsection (1A),”;
(d)in subsection (3), for the words “in consequence of an amendment of the tax return under section 41” substitute—
“(a)as a result of an amendment of the tax return under section 41, or
(b)by virtue of subsection (1B)”;
(e)after subsection (3) insert—
“(4)In subsection (1B), “further return” means a further return made under LTTA.”