Paragraph 23

In this Part of this Schedule—

• “affected account” has the meaning given by paragraph 6(7);

• “the Commissioners” means the Commissioners for Her Majesty's Revenue and Customs;

• “contract settlement” means an agreement made in connection with any person's liability to make a payment to the Commissioners under or by virtue of an enactment;

• “deduction notice” has the meaning given by paragraph 13;

• “deposit-taker” means a person who may lawfully accept deposits in the United Kingdom in the course of a business (see sub-paragraph (2));

• “HMRC” means Her Majesty's Revenue and Customs;

• “hold notice” has the meaning given by paragraph 4;

• “information notice” has the meaning given by paragraph 3;

• “interested third party”, in relation to a relevant account, has the meaning given by paragraph 8(11);

• “joint account”, in relation to a person, means an account held by the person and one or more other persons;

• “notice” means notice in writing;

• “notified sum”, in relation to a hold notice, has the meaning given by paragraph 8(8);

• “prescribed” means prescribed by regulations made by the Commissioners;

• “relevant account” (in relation to a hold notice) has the meaning given by paragraph 6(6);

• “relevant sum”, in relation to a person, has the meaning given by paragraph 2(1);

• “the safeguarded amount” (in relation to a hold notice) means the amount specified as the safeguarded amount in the notice (see paragraph 4(2)(c));

• “the specified amount” (in relation to a hold notice) means the amount specified as such in the notice (see paragraph 4(2)(b));

• “suspense account” has the meaning given by paragraph 6(3)(b)(i);

• “the tribunal” means the First-tier Tribunal;

• “working day” means a day other than—

  1. (a)

     Saturday or Sunday,

  2. (b)

     Christmas Eve, Christmas Day or Good Friday, or

  3. (c)

     a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in England and Wales or Northern Ireland.

The definition of “deposit-taker” in sub-paragraph (1) is to be read with—