SCHEDULES
SCHEDULE 2Returns for disposals of UK land etc
PART 2Notification of chargeable amounts, amendments of returns, enquiries etc
22Revenue determinations
1
The Revenue determination provision applicable to ordinary tax returns applies in relation to returns made by a person under this Schedule as it applies in relation to ordinary tax returns, but subject to the following modifications.
2
The modifications are that—
a
any reference to being given a notice is to be read as a reference to being required to deliver a return under this Schedule,
b
any reference to the filing date is to be read as a reference to the filing date within the meaning of this Part of this Schedule (but see paragraph (e)),
c
any reference to the amounts to be determined is to be read as a reference to the amount of capital gains tax which is notionally chargeable on a person as at the filing date for a return under this Schedule,
d
any reference in any enactment to the purposes for which a determination is to have effect is to be ignored, and
e
the determination may not be made after the end of the period of 3 years beginning with the last day for delivery of an ordinary tax return.
3
If—
a
a determination is made as a result of this paragraph, but
b
it is then superseded by a return made under this Schedule,
4
For the purposes of this paragraph “the Revenue determination provision” means section 28C of TMA 1970.