(1)A right of an individual to a repayment of income tax from HMRC may not be assigned.
(2)Every assignment of a right of an individual to a repayment of income tax from HMRC, and every agreement to assign any such right, is void.
(3)Subsection (2) has effect in relation to assignments and agreements to assign of which HMRC receives notice on or after 15 March 2023.
(4)In the application of this section to Scotland the reference to assignment of a right is to be read as a reference to assignation, “assign” being construed accordingly.
(5)In this section “HMRC” means His Majesty’s Revenue and Customs.