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Paragraph 7

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The employer company may appeal against a decision of the Inland Revenue—

(a)

that notice of the grant of the option was not given in accordance with paragraph 2, or

(b)

that the requirements of this Schedule are not met in relation to the option.

(2)

An individual may appeal against a decision of the Inland Revenue that he does not meet the requirement of paragraph 29 (commitment of working time).

(3)

Notice of the appeal must be given to the Inland Revenue within 30 days after the closure notice is given to the employer company or individual.

(4)

The appeal lies to the General Commissioners or, if the employer company or individual so elects (in accordance with section 46(1) of the M1Taxes Management Act 1970), to the Special Commissioners.

Annotations

Marginal citations

M1

1970 c. 9.

Notes on Schedule 14

Textual amendments

F1

Sch. 14 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 8 Pt. 1 (with Sch. 7)