Explanatory Notes

Finance Act 2014

2014 CHAPTER 26

17 July 2014

Introduction

Sections 285 - 288: the Code of Practice on Taxation for Banks

Details of the Sections

Section 288: Documents Relating to the Code

13.This section sets out that changes to any document published by HMRC in relation to the Code must be consulted upon and HMRC must take account of any consultation responses. This does not apply to the first publication of the governance protocol on               5 December 2014 or any documents published before Royal Assent of Finance Act 2014    (17 July 2014).