The Principal Act is amended by inserting the following section after section 126A:
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(1) In this section - |
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' relevant person ' means - |
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(a) a bank or building society within the meaning of section 123, 123A or 123B, |
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(b) an accountable person within the meaning of section 123C (inserted by the Finance Act 2008) or 124A (inserted by the Finance Act 2008), |
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(c) a bank or promoter within the meaning of section 124, or |
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(d) an insurer within the meaning of section 125; |
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' Appeal Commissioners ' has the meaning assigned to it by section 850 of the Taxes Consolidation Act 1997; |
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' specified section ' means section 123, 123A, 123B, 123C, 124, 124A or 125. |
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(2) Where, at any time, it appears to the Commissioners, that a relevant person - |
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(a) has failed to deliver a statement, or |
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(b) has not delivered a full and proper statement, |
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required to be delivered under a specified section, the Commissioners may make an assessment on the relevant person of |