The Income Tax (Deposit-takers) (Audit Powers) Regulations 1992
These Regulations are made under sections 482(11) and 482A of the Income and Corporation Taxes Act 1988 (“the 1988 Act”) and come into force on 30th January 1992. They provide firstly for the furnishing of information to, and inspection of documents by, the Board in connection with payments of interest made by deposit-takers without deduction of tax in respect of deposits which are not relevant deposits by reason of section 481(5) of the 1988 Act.