313CInformation provided to introducers

1

Where HMRC suspect—

a

that a person (“P”) is an introducer in relation to a proposal, and

b

that the proposal may be notifiable,

they may by written notice require P to provide HMRC with prescribed information in relation to each person who has provided P with any information relating to the proposal.

2

A notice must specify the proposal to which it relates.

3

P must comply with a requirement under or by virtue of subsection (1) within—

a

the prescribed period, or

b

such longer period as HMRC may direct.