SCHEDULES

SCHEDULE 23Data-gathering powers

Part 1Power to obtain data

Specifying relevant data

3

(1)

A data-holder notice must specify the relevant data to be provided.

(2)

Relevant data may not be specified in a data-holder notice unless an officer of Revenue and Customs has reason to believe that the data could have a bearing on chargeable or other periods ending on or after the applicable day.

(3)

The applicable day is the first day of the period of 4 years ending with the day on which the notice is given.