Part 2 Duty to Keep and Preserve Records
Finance Act 2003 (2003 c 14) | Legislation

Part 2 Duty to Keep and Preserve Records

Duty to keep and preserve records

4

[(A1)     This paragraph applies where a transaction is not notifiable, unless the transaction is a transaction treated as taking place under a provision listed in section 79(2)(a) to (d).]

(1)     [The purchaser] must—

(a)     keep such records as may be needed to enable him [to demonstrate that the transaction is not notifiable], and

(b)     preserve those records in accordance with this paragraph.

(2)     The records must be preserved [until the end of—

(a)     the sixth anniversary

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