Section 170 Appeal against decision to exclude recognised overseas pension schemeI1

This section applies where a recognised overseas pension scheme is excluded from being a qualifying recognised overseas pension scheme by a decision of the Inland Revenue under section 169(5).

The scheme manager may appeal against the decision.

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An appeal under this section against a decision must be brought within the period of 30 days beginning with the day on which the notification of the decision was given.

F2On an appeal that is notified to the tribunal, the tribunal must consider whether the recognised overseas pension scheme ought to have been excluded from being a qualifying recognised overseas pension scheme.

If F3the tribunal decides that the recognised overseas pension scheme ought to have been excluded from being a qualifying recognised overseas pension scheme, F4the tribunal must dismiss the appeal.

If F5the tribunal decides that the recognised overseas pension scheme ought not to have been excluded from being a qualifying recognised overseas pension scheme, the recognised overseas pension scheme is to be treated as having remained a qualifying recognised overseas pension scheme (but subject to any further appeal F6...).