Regulation 4 Application of section 54 of the Taxes Management Act 1970

Section 54 of the Taxes Management Act 1970^f1 (settling of appeals by agreement) shall apply to a child trust fund appeal to an appeal tribunal, with the following modifications.

In subsection (1) for “Commissioners”, in both places where that word occurs, substitute “appeal tribunal”.

In subsections (1) and (4) omit “assessment or”, in each place where those words occur.

In subsections (1) to (3) and (4)(a) for “inspector or other proper officer of the Crown” substitute “officer of the Board”.

In subsection (3)(a), (4)(b) and in the words following paragraph (b) in subsection (4), for “inspector or other proper officer” substitute “officer of the Board”.

After subsection (5) add the following subsection—

“(6)

In subsection (1) “appeal tribunal” means an appeal tribunal constituted—

(a)

in Great Britain, under Chapter 1 of Part 1 of the Social Security Act 1998 (social security appeals: Great Britain), and

(b)

in Northern Ireland, under Chapter 1 of Part 2 of the Social Security (Northern Ireland) Order 1998 (social security appeals: Northern Ireland).”.