20 Repaying sums paid to HMRC under agreements relating to certain loans etc
Finance Act 2020 (2020 c 14) | Legislation

20  Repaying sums paid to HMRC under agreements relating to certain loans etc

(1)     The Commissioners for Her Majesty's Revenue and Customs (“the Commissioners”) must establish a scheme under which they may on an application made to them before 1 October 2021—

(a)     repay the whole or part of a qualifying amount paid or treated as paid to them under a qualifying agreement, or

(b)     waive the payment of the whole or part of a qualifying amount due to be paid to them under a qualifying agreement.

(2)     An agreement is a qualifying agreement if—

(a)     it is an agreement with the Commissioners,

(b)     it is made on or after 16 March 2016 and before 11 March 2020, and

(c)     it imposes an obligation on any party to the agreement

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