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Regulation 15 Keeping of declarations

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

A paying agent or a collecting agent shall retain, throughout the period specified in paragraph (2) and the period of two years immediately following the end of that period, any declaration made to him under regulation 3 or 4.

(2)

The period specified is the period during which relevant payments or relevant receipts to which the declaration relates are excluded, by virtue of the declaration, from being chargeable payments or chargeable receipts.