# Finance Act 2012, Paragraph 7


In section 561 (notice of breach of relevant Chapter 2 condition) after subsection (4) insert—
“(5) The following subsections apply in relation to condition D in section 528.
(6) In accordance with section 527(6) and (7), a notification does not have to be given under subsection (1) or (2) if condition D ceases to be met during the first 3-year period.
(7) If condition D is not met at the start of the first day after the end of the first 3-year period, for the purposes of subsections (1) to (4) condition D is treated as having ceased to be met at the start of that day.
(8) In subsections (6) and (7) “the first 3-year period” has the meaning given by section 527(8).”

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/4/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-4/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

