Regulation 7 Production of creditor certificates to HMRC and cancelled certificates
An officer of Her Majesty’s Revenue and Customs (“a relevant officer”) may by a notification given to a debtor (“D”), require D to produce a creditor certificate to the officer.
A notification under paragraph (1) must—
describe the certificate to be produced; and
state the date (“the compliance date”) required for compliance (being a date not earlier than 28 days after the date on which the notification is given).
D must by the compliance date produce the certificate to the relevant officer.
Paragraph (5) applies where—
D fails to comply with paragraph (3); or
the relevant officer reasonably believes that a certificate produced by D is inaccurate in a material particular.
Where this paragraph applies, the relevant officer may by a notification given to D determine that a creditor certificate identified in the notification has no effect.
Where a notification is given under paragraph (5), the creditor certificate is of no effect on and from the date the notification is received by D.
A creditor certificate which is of no effect further to this regulation is a “cancelled certificate”.