# Finance Act 2009, Paragraph 7


(1) Condition A is that repayment interest has been paid to the person in respect of an amount that is, or relates to, value added tax for a prescribed accounting period.
(2) Condition B is that (whether or not a previous assessment has been made), an assessment or amendment of an assessment is made of the amount of value added tax payable by the person for that prescribed accounting period.
(3) Condition C is that as a result of the assessment or amendment of an assessment, it appears to HMRC that some or all of the repayment interest ought not to have been paid.

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Source: https://www.legislation.gov.uk/ukpga/2009/10/schedule/54A/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2009/schedule-54A/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.