Paragraph 9
United Kingdom
For the purposes of sections 36, F1of the Taxes Management Act 1970 (extension of time in cases of [fraudulent or negligent conduct ], anything done or omitted to be done by the [managing F2] agent shall be deemed to have been done or omitted to be done by each member of the syndicate.
Annotations
Textual amendments
- F1
1989 s.149(6)(4)(a)(iii)—not to affect assessments before 1983-84 oraccounting periods before 1April 1983.Previously
“37, 40 and 41”
and
“fraud, wilful default or neglect”.
- F2
S.I. 1990 No.2524 reg. 3(4)coming into force 2January 1991for 1988-89and subsequent years.
Notes on Schedule 19A
Textual amendments
- F1
Sch. 19A inserted (1988-89 and subsequent years) by Finance Act 1988 (c. 39), s. 58(4)(a)(5), Sch. 5
- F2
Sch. 19A repealed and superseded (with Sch. 19 of the amending Act) (27.7.1993 with effect for the year 1992-93 and subsequent years of assessment) by 1993 c. 34, ss. 173(2), 213, Sch. 23 Pt. III(12) Note 5