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Regulation 5 Cessation of taxable activities

Original text. Later amendments are not shown.

(1)

This regulation applies to a person who has become liable to notify the Commissioners under either regulation 2 or 3.

(2)

Where such a person ceases to have the intention of carrying on taxable activities (paragraph 3(1) of Schedule 4 to the Act) he shall notify the Commissioners of that fact.

(3)

Such a person shall make that notification in writing setting out—

(a)

the day on which he ceased to have the intention, and

(b)

the day on which he carried out his final taxable activity.

(4)

This notification must be delivered to the Commissioners within 30 days starting from the day after the later of the days referred to in paragraph (3) above.