PART 3Joint venture companies: allowance
Amendment of the notional allowance statement11
1
B or the nominated company may by notice amend the notional allowance statement to amend the allocation of notional allowance.
2
The notice must—
a
be made in writing to HMRC;
b
be received by HMRC before whichever is the latest of—
i
12 months after date in regulation 10(2)(b)(i), and
ii
the latest of the dates in regulation 10(2)(b)(ii) to (iv);
c
be signed by the appropriate person in relation to B or the nominated company, as the case may be; and
d
specify the amendment to the specification required by regulation 10(2)(f) and specify any increase or decrease in the notional allowance allocated.