Section 244 — Finance Act 2014: Monitoring notices: content and issuing

Monitoring notices: content and issuing 244 1 Where the tribunal has approved the giving of a monitoring notice, the authorised officer must give the notice to the person to whom it relates.

2 A monitoring notice given under subsection (1) or paragraph 9 or 10 of Schedule 36 must—

a explain the effect of the monitoring notice and specify the date from which it takes effect;

b inform the recipient of the right to request the withdrawal of the monitoring notice under section 245.

3 In addition, a monitoring notice must—

a if given under subsection (1), state which condition (or conditions) it has been determined the person has failed to comply with and the reasons for that determination;

b if given under paragraph 9 or 10 of Schedule 36, state the date of the original monitoring notice and name the partnership to which that notice was given.

4 The date specified under subsection (2)(a) must not be earlier than the date on which the monitoring notice is given.

5 In this Part, a person in relation to whom a monitoring notice has effect is called a “monitored promoter”.