Paragraph 4

Section 109B (provision for securing payment by company of outstanding tax) is amended as follows.

In subsection (1), at the end insert “ , subject to subsection (5A). ”

In subsection (4)(b), at the end insert “ (which may include a proposal to enter into an exit charge payment plan in accordance with Schedule 3ZB). ”

After subsection (5) insert—

“(5A)

Condition D does not apply to the extent that payment of the tax is to be secured by the company entering into an exit charge payment plan in accordance with Schedule 3ZB.”