Paragraph 10 I1

in subsection (1), after “authority” insert “(unless subsection (1B) applies)”,

after subsection (1), insert—

“(1A)

Subsection (1B) applies in relation to a chargeable transaction if—

(a)

a liable person’s return made under section 26 includes a statement about a deduction in accordance with section 26(2)(a)(ii) that relates to the chargeable transaction, and

(b)

the deduction is not disallowed under section 29A(2).

(1B)

The levy payable in respect of the chargeable transaction less the amount of the deduction relating to the chargeable transaction must be paid to the relevant local authority.”,

for subsection (2) substitute—

“(2)

Where a return is to be made under section 26, the following amount must be paid at the same time as the return is made—

(a)

if the return includes a statement in accordance with section 26(2)(a)(ii)of an amount that is to be deducted from the total amount of the levy payable in respect of the relevant period, the total amount of the levy payable in respect of the relevant period less the amount of the deduction,

(b)

otherwise, the total amount of the levy payable in respect of the relevant period.”.