(1)Section 16B of FA 1994 (temporary approvals etc pending review or appeal: process) is amended as follows.
(2)In subsection (3), for paragraph (b) substitute—
“(b)expires—
(i)on the expiry day determined in accordance with subsection (4), or
(ii)if HMRC are satisfied that it is appropriate in all the circumstances, on a later day determined by HMRC, and”.
(3)In subsection (4), for “The day on which a temporary approval expires is” substitute “For the purposes of subsection (3)(b)(i), the expiry day in relation to a temporary approval is”.