915Power to make directions disapplying section 914
This section has no associated Explanatory Notes
(1)This section applies if an officer of Revenue and Customs is not satisfied that one or more payments to be made by a company will be exempt from income tax as a result of section 758 of ITTOIA 2005 (exemption for certain interest and royalty payments).
(2)The officer may direct the company that section 914 is not to apply to the payment or payments.
(3)A direction under subsection (2) may be varied or revoked by a later direction.