Taxes Consolidation Act 1997 Schedule 19, paragraph 19

Information as to decisions on certification etc

Paragraph 19 provides that Revenue's obligations of secrecy do not prevent them from disclosing to interested persons their decisions on the certification of offshore funds as distributing funds.

• Revenue's general secrecy obligations do not prevent disclosure of certification decisions to persons with an interest in the matter.
• Revenue may disclose any determination as to whether an offshore fund should or should not be certified as a distributing fund for any account period.
• Revenue may also disclose the content and effect of a notice that full and accurate disclosure was not made in the certification application.
• Such disclosures would not involve identifying particular persons interested in the fund.