CTM34460 - Residence: avoidance transactions: district action

ICTA88/S765 and ICTA88/S765A

A copy of the report under Section 765A (2) is sent to the District. In a few cases the District is asked to comment. In other cases let CT&VAT, International CT, know if there is any material discrepancy between the information in the report and that in the file, or obtained later.

Also report to CT&VAT, International CT, any transaction which:

• appears to be within either Section 765 or Section 765A,
• is not covered by a general consent,

and

• for which there is a copy neither of a consent nor a report.

Keep the copies of reports with the Section 765 consents.