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.

(3)

Section 840 of the Taxes Act 1988 (control) applies for the purposes of this section.