# Taxation (International and Other Provisions) Act 2010, Paragraph 31

Extent: E+W+S+N.I.

(1) For the purposes of this Part of this Schedule a deliberate inaccuracy made by a company is concealed if the company makes arrangements to conceal it (for example, by submitting false evidence in support of an inaccurate figure).
(2) An inaccuracy in an interest restriction return which was not a careless or deliberate inaccuracy made by a company (or a person acting on its behalf) when the return was submitted is taken to be a careless inaccuracy made by the company for the purposes of this Part of this Schedule if the company (or a person acting on its behalf)—
(a) discovers the inaccuracy at some later time, and
(b) does not take reasonable steps to inform an officer of Revenue and Customs.

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Source: https://www.legislation.gov.uk/ukpga/2010/8/schedule/7A/paragraph/31 (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/schedule-7A/paragraph-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.