931(1) An officer of Revenue and Customs may give a direction to a company, local authority or qualifying partnership directing that section 930 is not to apply in relation to any payment that–
(a)is made by the company, authority or partnership after the giving of the direction, and
(b)is specified in the direction or is of a description so specified.
931(2) A direction under this section may be given only if the officer has reasonable grounds for believing, as respects each payment to which the direction relates, that the payment will not be an excepted payment at the time it is made.
Want to read more?
This content requires a Croner-i Tax and Accounting subscription.