The transfer pricing governance procedures apply to all new
potential transfer pricing enquiries after 1 April 2008.
The transfer pricing procedures also apply (as far as they
can) to any transfer pricing enquiries underway at that time,
so-called legacy cases.
All legacy cases have been assigned a Transfer Pricing
Specialist and are required to have a Stage Gate (SG) 3 Action Plan
in place unless they already have something which is equivalent.
The cases are then subject to full SG 4 and 5 procedures.
Legacy cases are
not subject to the 18/36 month deadlines but
should be progressed to SG 5 as soon as possible in accordance with
the spirit of Review of Links with Large Business Proposal 5.
