SCHEDULES

SCHEDULE 19Large businesses: tax strategies and sanctions

PART 3Sanctions for persistently unco-operative large businesses

43Special measures notices

1

A special measures notice—

a

may be withdrawn by a designated HMRC officer at any time by giving a further notice to the head of the UK group, and

b

expires, if not previously withdrawn, at the end of the period of 27 months beginning with the relevant day.

2

“The relevant day” means the later of—

a

the day on which the special measures notice was given, and

b

the day on which it was last confirmed under paragraph 44.