Section 1045 — Corporation Tax Act 2010: Advance clearance: supplementary

Advance clearance: supplementary 1045 1 An application under section 1044—

a must be in writing, and b must contain particulars of the relevant transactions.

2 The Commissioners may by notice require the applicant to provide further particulars for the purpose of enabling them to make their decision.

3 The power under subsection (2) must be exercised within 30 days of the receipt of—

a the application, or b any further particulars previously required under subsection (2).

4 If a notice under subsection (2) is not complied with within 30 days, or any longer period that the Commissioners may allow, the Commissioners need not proceed further on the application.

5 The Commissioners must notify their decision to the applicant—

a within 30 days of receiving the application, or b if they give notice under subsection (2), within 30 days of the notice being complied with.

6 If particulars provided under this section do not fully and accurately disclose all facts and circumstances material for the decision of the Commissioners, any resulting notification by the Commissioners is void.