[554Z14 Relief where earmarking not followed by further relevant step]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[554Z14  Relief where earmarking not followed by further relevant step]

[(1)     An application for relief may be made by A (or, if A has died, A's personal representatives) to an officer of Revenue and Customs if—

(a)     this Chapter has applied by reason of a relevant step (“the original relevant step”) within section 554B taken by a person (“P”),

(b)     there occurs an event (“the relevant event”) which is not a relevant step in relation to a relevant sum or asset,

(c)     by reason of the relevant event no further relevant step is or will be taken by P or any other person in relation to any relevant sum or asset, and

(d)     there is

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