[F14(1)In section 11AB(1) (power to enquire into return of profits), after paragraph (c) (which is inserted by paragraph 2 of Schedule 19 to this Act), there shall be inserted “or U.K.
(d)if it appears to the officer that a return delivered in response to a section 11 notice—
(i)is or may be a return for the wrong period, or
(ii)has become a return for the wrong period as a result of a direction under section 12(5A) of the principal Act,
the period for which the return should have been made;”.
(2)After subsection (3) of that section there shall be inserted the following subsections—
“(4)For the purposes of subsection (1)(d) above a return is a return for the wrong period in each of the cases set out below.
(5)The first case is where—
(a)the return is made for a period which ends in or at the end of the period specified in the section 11 notice and which in the return is treated as an accounting period; but
(b)the period for which the return is made is not an accounting period of the company.
(6)The second case is where—
(a)the return is made for a part of the period specified in the section 11 notice which in the return is treated as not falling within an accounting period of the company; but
(b)there is an accounting period ending in or at the end of the period specified in the section 11 notice.”]
Textual Amendments
F1Sch. 24 para. 4 repealed (31.7.1998 with effect as mentioned in Sch. 27 Pt. III(28), Note of the amending Act) by 1998 c. 36, s. 165, Sch. 27 Pt. III(28)