Regulation 7 Compliance with information notice

Where a taxpayer or third party who has received an information notice, or a person acting on their behalf, complies with the procedure set out in regulation 5 or, as the case may be, regulation 6, those persons shall be treated as having complied with the information notice in relation to the documents in dispute until the First-tier Tribunal decides the status of the document or until an agreement has been reached under regulation 10.