Taxes Consolidation Act 1997 Schedule 2, paragraph 19

Audit and inspection

Paragraph 19 of Schedule 2 applies Revenue's existing audit and inspection powers (under section 898N) to the encashment tax regime, with the necessary modifications to terminology.

• Revenue's powers to inspect books and records under section 898N are extended to the encashment tax system in Schedule 2.
• References to "books, records or other documents" in section 898N are read as references to books and records kept for encashment tax purposes.
• An "authorised officer" under section 898N is treated as a "Revenue officer" as defined in section 898B for encashment tax purposes.
• References to a "paying agent" in section 898N are replaced with references to a "chargeable person" under the encashment tax rules.