127 Interest on repayments
Finance Act 1999 (1999 c 16) | Legislation

127  Interest on repayments

(1)     Subject to the following provisions of this section, where the Commissioners are liable to repay an amount to any person in consequence of—

(a)     the payment to them by way of customs duty of an amount that was not due from that person, or

(b)     any requirement to repay an amount of customs duty in accordance with the Community Customs Code or [Commission Regulation 2454/93],

then, if and to the extent that they would not be liable to do so apart from this section, the Commissioners shall pay interest to him on that amount for the applicable period.

(2)     The amounts that carry interest under subsection (1) above—

(a)     include only so much of

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