Part 3

Income tax, corporation tax and capital gains tax
Chapter 3

Construction industry scheme

Verification, returns , security etc and penalties

Verification etc of registration status of sub-contractors
69
1
The Board of Inland Revenue may make regulations requiring persons who make payments under contracts relating to construction operations, except in prescribed circumstances, to verify with the Board whether a person to whom they are proposing to make—
a
a contract payment, or
b
a payment which would be a contract payment but for section 60(4),
is registered for gross payment or for payment under deduction.
2
The provision that may be made by regulations under subsection (1) includes provision—
a
for preventing a person from verifying unless such conditions as may be prescribed have been satisfied;
b
as to the period for which the verification remains valid.
3
The Board of Inland Revenue may make regulations requiring the Board to notify persons of a prescribed description who make payments under contracts relating to construction operations that—
a
a person registered for gross payment has become registered for payment under deduction or has ceased to be registered under section 63, or
b
a person registered for payment under deduction has become registered for gross payment or has ceased to be registered under section 63.
4
The provision that may be made by regulations under subsection (1) or (3) includes provision for a person to be entitled to assume, except in prescribed circumstances, that—
a
a person verified or notified as being registered for gross payment, or
b
a person verified or notified as being registered for payment under deduction,
has not subsequently ceased to be so registered.
5
In this section “prescribed” means prescribed by regulations under this section.
Word in s. 69 cross-heading inserted (12.2.2019) by Finance Act 2019 (c. 1), s. 82(1)(a)