Section 47B — Taxes Management Act 1970: Special jurisdiction relating to Business Expansion Scheme.

Special jurisdiction relating to Business Expansion Scheme. 47B If and so far as the question in dispute on any appeal against the refusal of relief under Chapter III of Part VII of the principal Act (relief for investment in corporate trades), or against an assessment withdrawing any such relief, is a question of the value of an interest in land (within the meaning of Section 294(5) of that Act , it shall be determined—

a if the land is in England and Wales, on a reference to the Upper Tribunal ;

b if the land is in Scotland, on a reference to the Lands Tribunal for Scotland;

and c if the land is in Northern Ireland, on a reference to the Lands Tribunal for Northern Ireland.