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26(1)If, after a determination has been made—
(a)a self-assessment return is submitted for the accounting period, and
(b)an information return or overseas return notification has been submitted for that period,
the assessment in the self-assessment return supersedes the assessment in the determination.
(2)Sub-paragraph (1) does not apply to a self-assessment return delivered after the later of—
(a)the day 3 years after the day on which the power to make the determination first became exercisable, and
(b)the day 12 months after the date of the determination.
(3)Where—
(a)proceedings have begun for the recovery of any tax assessed in a determination, and
(b)before the proceedings are concluded the determination is superseded under sub-paragraph (1),
the proceedings may be continued as if they were proceedings for the recovery of so much of the tax assessed in the self-assessment return as is due and payable and has not been paid.
(4)Where—
(a)action is being taken under Part 1 of Schedule 8 to the F(No.2)A 2015 (enforcement of deduction from accounts) for the recovery of an amount (“the original amount”) of tax assessed in a determination, and
(b)before that action is concluded the determination is superseded under sub-paragraph (1),
that action may be continued as if it were an action for the recovery of so much of the tax assessed in the return as is due and payable, has not been paid and does not exceed the original amount.
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