# Income and Corporation Taxes Act 1988, Paragraph 7

Extent: E+W+S+N.I.

(1) A claim shall not be withdrawn except by a notice given to an officer of the Board in such form as the Board may determine.
(2) A notice withdrawing a claim must specify—
(a) the surrendering company which made the claim;
(b) the amount the benefit of which was surrendered under the claim;
(c) the subsidiary to whom the surrender was made; and
(d) the relevant accounting period of the surrendering company in relation to the claim.
(3) A notice withdrawing a claim must be accompanied by a notice signifying the consent required by section 240(5A).
(4) Where a claim included in a return is withdrawn and the withdrawal could be made by an amendment of the return, it must be so made.

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Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/13A/paragraph/7 (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-13A/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.