The Inspector
must give his decision within 30 days.
The onus is, however, on the applicant to provide all the
information that is material to the decision.
Once an Inspector gives a clearance the Revenue cannot invoke
ICTA88/S776 in respect of that disposal in relation to that
taxpayer.
If, later, it is discovered that the particulars given were
incomplete or inaccurate, the clearance is void and would not
prevent an assessment being made. The fact that the applicant was
not in a position to provide all the material information at the
time of the application does not prevent the clearance being void,
if further information which would have affected the decision
subsequently comes to light.
