Part 4: Income tax, corporation tax and capital gains tax Section 38: Restitution interest payments Details of the section Chapter 5
Chapter 5 contains supplementary provisions set out in sections 357YU- 357YW.
	Section 357YU provides a definition of statutory interest.
	Section 357YV sets out that the charge has priority over any other corporation tax provisions.
	Section 357YW provides a Treasury power to amend the Part by regulation which is subject to the affirmative procedure. Under the power, new Part 8C cannot be amended to bring in any other type of interest or other defined payment which would not have been subject to the charge. It also cannot be used increase the rate or remove or prejudice any right of appeal. The power is capable of being exercised retrospectively, but does not have effect in relation to a claim that has been finally determined before 21 October 2015.