Part 4Property income

C1Chapter 4Profits of property businesses: lease premiums etc

Annotations:
Modifications etc. (not altering text)
C1

Pt. 4 Ch. 4 applied by 2010 c. 8, s. 436(8) (as inserted (with effect in accordance with Sch. 5 para. 25(1)-(3) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 1 (with Sch. 5 paras. 27, 32-34))

Certain administrative provisions

237Statement of accuracy for purposes of section 222

1

This section applies if any of the persons mentioned in subsection (3) provides an officer of Revenue and Customs with a statement showing—

a

whether or not there is, or may be, a receipt under section 222 (assignments for profit of lease granted at undervalue), and

b

the amount of any receipt.

2

The officer must certify the accuracy of the statement, if satisfied as to its accuracy.

3

The persons referred to in subsection (1) are—

a

the landlord who granted the lease,

b

a company which assigned it, or

c

a person to whom it was assigned.