Related Commentary  Related HMRC Manuals

187B(1)  It is for the current owner to show–

(a)whether the fixed value requirement applies and, if so, is satisfied, and

(b)whether the disposal value statement requirement applies and, if so, is satisfied,

and, for this purpose, to provide an officer of Revenue and Customs, on request, with a copy of any tribunal decision, election or statement by reason of which a requirement mentioned in paragraph (a) or (b) is satisfied.

187B(2)  Where–

(a)the fixed value requirement applies and is met by reason of section 187A(6)(b) being satisfied, or

(b)the disposal value requirement applies,

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