255Manner of withdrawal or reduction of CITRU.K.
This section has no associated Explanatory Notes
(1)This section applies if any CITR has been obtained which falls to be withdrawn or reduced under this Chapter.
(2)The CITR must be withdrawn or reduced by making an assessment to corporation tax for the accounting period for which the CITR was obtained.
(3)An assessment under subsection (2) may be made at any time not more than 6 years after the end of the accounting period for which the CITR was obtained.
(4)Subsection (3) is not to be taken to limit the application of paragraph 46(2A) of Schedule 18 to the Finance Act 1998 (loss of tax brought about deliberately).