Section 199 — Finance Act 2014: Overview of Part 4

Overview of Part 4 199 In this Part—

a sections 200 to 203 set out the main defined terms used in the Part, b Chapter 2 makes provision for follower notices and for penalties if account is not taken of judicial rulings which lay down principles or give reasoning relevant to tax cases, c Chapter 3 makes—

i provision for accelerated payments to be made on account of tax, ii provision restricting the circumstances in which payments of tax can be postponed pending an appeal, ... iii provision to enable a court to prevent repayment of tax, for the purpose of protecting the public revenue , and iv provision restricting the surrender of losses and other amounts for the purposes of group relief. d Chapter 4—

i makes special provision about the application of this Part in relation to stamp duty land tax and annual tax for enveloped dwellings, ii confers a power to extend the provisions of this Part to other taxes, and iii makes amendments consequential on this Part.