Part 3Income tax, corporation tax and capital gains tax

Chapter 3Construction industry scheme

Registration of sub-contractors

65Change in control of company registered for gross payment

1

Where it appears to the Board of Inland Revenue that there has been a change in the control of a company—

a

registered for gross payment, or

b

applying to be so registered,

the Board may make a direction under section 64(5).

2

The Board may make regulations requiring the furnishing of information with respect to changes in the control of a company—

a

registered for gross payment, or

b

applying to be so registered.

I1F13

In this section references to a change in the control of a company are references to such a change determined in accordance with section 995 of the Income Tax Act 2007.