Regulation 13 Recovery on de-registration of schemes

When a scheme administrator gives information to an officer of Revenue and Customs in accordance with regulation 15(2) the amount (if any) referred to in regulation 15(2)(b) must be paid to Her Majesty’s Revenue and Customs.

If an amount payable by virtue of paragraph (1) is not paid as required, that amount shall immediately be recoverable by Her Majesty’s Revenue and Customs in the same manner as tax charged by an assessment on the scheme administrator which has become final and conclusive.