Commentary on Sections Overview Overview Section 427: Procedure on application for clearance
1256.This section gives the rules that apply where a clearance application is made under section 426 to the Commissioners for HMRC. It is based on paragraph 12F(3) of Schedule 9 to FA 1996.
1257.Paragraph 12F(3) applies the rules in section 138(2) to (5) of TCGA which this and the following section write out in full.