571 Cancellation of certificates
Income and Corporation Taxes Act 1988 (1988 c 1) | Legislation

571  Cancellation of certificates

(1)     Where any certificate granted with respect to a scheme under section 568 is cancelled by the Secretary of State, and any deductible contributions paid in furtherance of the scheme have not been repaid at the expiration of one year from the cancellation, the body of persons carrying out the scheme shall, for the chargeable period in which that year expires, be charged to tax . . . upon the aggregate amount of the deductible contributions which have not been repaid at that time.

[(1A)     An amount charged to income tax under subsection (1) above is treated for income tax purposes as an amount of income.]

[(1B)     So far as

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