SCHEDULE 46 Duties of Senior Accounting Officers of Qualifying Companies
Finance Act 2009 (2009 c 10) | Legislation

SCHEDULE 46 Duties of Senior Accounting Officers of Qualifying Companies

Section 93

Main duty of senior accounting officer

1

(1)     The senior accounting officer of a qualifying company must take reasonable steps to ensure that the company establishes and maintains appropriate tax accounting arrangements.

(2)     The senior accounting officer of a qualifying company must, in particular, take reasonable steps—

(a)     to monitor the accounting arrangements of the company, and

(b)     to identify any respects in which those arrangements are not appropriate tax accounting arrangements.

Certificate for Commissioners

2

(1)     The senior accounting officer of a qualifying company must provide the Commissioners with a certificate for each financial year of the company.

(2)     The certificate must—

(a)     state whether the company had appropriate tax accounting arrangements throughout the financial year, and

(b)     if it did not, give an explanation of the respects in which the accounting arrangements of the company were not appropriate tax accounting arrangements.

(3)     The certificate must be provided—

(a)     by such means and in such form as is reasonably specified by an officer of Revenue and Customs, and

(b)     not later than the end of the period for filing the company's

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