Article 146 - Due and Payable Date in Respect of an Overpayment of a Tax Credit

(1) Where:
(a) a self-assessment is amended under Article 116 or Article 124 and as a result a payment of a tax credit in respect of a Reimbursable Tax Loss has been paid under Part 16 which is excessive, the amount reflecting the excess is due and payable 30 days after the date on which the amendment is made; or
(b) an assessment issued under Article 128 determines that a payment of a tax credit in respect of a Reimbursable Tax Loss under Part 16 is excessive, the amount reflecting such excess is due and payable 30 days after the assessment is issued.
Inserted (as from 18th June 2014)