PART 6RETURNS AND PAYMENTS
CHAPTER 3DEFERRAL OF TAX
I163Failure to comply with WRA's agreement to defer
1
If WRA thinks that the buyer—
a
has failed to comply with a condition imposed under section 58(6)(c) or varied under section 62, or
b
has, in relation to the deferral request or a request made under section 62(1)—
i
provided false or misleading information, or
ii
withheld information,
the deferral request is to be treated as if it had never been made (and section 57 of this Act and section 157 of TCMA apply accordingly).
2
In such a case WRA must issue a notice to the buyer stating that deferral request is to be treated as if it had never been made and setting out the consequences of that.