Section 257 — Finance Act 2014: Ongoing duty to provide information following HMRC notice

Ongoing duty to provide information following HMRC notice 257 1 An authorised officer, or an officer of Revenue and Customs with the approval of an authorised officer, may give a notice to a person (“P”) in relation to whom a monitoring notice has effect.

2 A person to whom a notice is given under subsection (1) must provide prescribed information and produce prescribed documents relating to—

a all the monitored proposals and all the monitored arrangements in relation to which the person is a promoter at the time of the notice, and b all the monitored proposals and all the monitored arrangements in relation to which the person becomes a promoter after that time.

3 The duty under subsection (2)(b) does not apply in relation to any proposals or arrangements in relation to which the person first becomes a promoter after the monitoring notice ceases to have effect.

4 A notice under subsection (1) must specify the time within which information must be provided or a document produced and different times may be specified for different cases.