Paragraph 5

Section 12A of FA 1994 (other assessments relating to excise duty matters) is amended as follows.

In subsections (4)(a) and (6), for “three years” substitute “ 4 years ”.

In subsection (6), for the words from “where the assessment” to the end substitute “ falling within section 12(5A)(a) or (b) ”.

After subsection (6) insert—

“(7)

For the purposes of subsection (6), a reference in section 12(5A) to a loss of duty of excise includes a loss caused by giving relief, allowing a rebate, conferring an entitlement to drawback or repaying an amount that ought not to have been given, allowed, conferred or repaid.”