Regulation 2 Insertion of regulation 34A into Schedule 1

In Schedule 1 after regulation 34 (succession to a business, etc.) there shall be inserted the following regulation—

“Payments by cheque

34A

— For the purposes of regulations 26, 26A, 26C, 26D, 27A, 27B, 28A and 28B where—

(a)

any payment to the Collector is made by cheque; and

(b)

the cheque is paid on its first presentation to the banker on whom it is drawn,

the payment shall be treated as made on the day on which the cheque was received by the Collector, and “pay” , “paid” , “unpaid” and “overpaid” shall be construed accordingly.”.