INTM215190 - Controlled Foreign Companies: before CTSA

Notice of direction: separate notice of declaration

ICTA88/S753 (5)

Whenever the Board makes a declaration under either

• ICTA88/SCH24/PARA11 (3) - see INTM215250 and following pages, or
• ICTA88/SCH25/PARA3 (2) - see INTM217020

it must give the declaration in a notice. It can do this in one of the following ways:

• where the Board makes the declaration before or at the time that it makes a direction, it gives the declaration in the notice of direction - see INTM215110 sub-head (f)
• where the Board makes the declaration before or at the time that it amends a direction, it gives the declaration in the notice of amended direction - see INTM215130

In other cases the Board must issue a separate notice of the declaration to every company to which it earlier gave notice of the direction.

The appeal rights in (d) and (e) of INTM215150 apply to a notice of declaration.