# Finance Act 2004, Paragraph 38


(1) This paragraph applies to a case within subsection (2) of section 174A (improvement of taxable property).
(2) An unauthorised payment is treated as made when a payment is made in connection with the improvement works.
(3) The total taxable amount in relation to the unauthorised payment is the amount of the payment mentioned in sub-paragraph (2).

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/29A/paragraph/38 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-29A/paragraph-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.