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Legislation
Finance (No. 2) Act 2017

PART 3 Fulfilment businesses

  • Section 48 Carrying on an imported goods fulfilment business
  • Section 49 Requirement for approval
  • Section 50 Register of approved persons
  • Section 51 Regulations relating to approval, registration etc.
  • Section 52 Disclosure of information by HMRC
  • Section 53 Offence
  • Section 54 Forfeiture
  • Section 55 Penalties
  • Section 56 Appeals
  • Section 57 Regulations
  • Section 58 Interpretation
  • Section 59 Commencement
  1. Part 3 · Fulfilment businesses
  2. Requirement for approval

Section 49 | Requirement for approval

From legislation.gov.uk

(1)A person may not carry on an imported goods fulfilment business otherwise than in accordance with an approval given by the Commissioners under this section.F1

(2)The Commissioners may approve a person to carry on an imported goods fulfilment business only if they are satisfied that the person is a fit and proper person to carry on the business.F1

(3)The Commissioners may approve a person to carry on an imported goods fulfilment business for such periods and subject to such conditions or restrictions as they may think fit or as they may by regulations made by them prescribe.F1

(4)The Commissioners may at any time for reasonable cause vary the terms of, or revoke, an approval under this section.

(5)In this Part “approved person” means a person approved under this section to carry on an imported goods fulfilment business.F2

Notes

  1. F1

    Words in s. 49(1)-(3) substituted (31.12.2020) by Taxation (Cross-border Trade) Act 2018 (c. 22), s. 57(3), Sch. 8 para. 124 (with savings and transitional provisions in S.I. 2019/105 (as amended by S.I. 2020/1495, regs. 1(2), 21), S.I. 2020/1545, Pt. 4 and 2020 c. 26, Sch. 2 para. 7(7)-(9)); S.I. 2020/1642, reg. 4(b) (with reg. 7)

  2. F2

    Words in s. 49(5) substituted (31.12.2020) by Taxation (Cross-border Trade) Act 2018 (c. 22), s. 57(3), Sch. 8 para. 124 (with savings and transitional provisions in S.I. 2019/105 (as amended by S.I. 2020/1495, regs. 1(2), 21), S.I. 2020/1545, Pt. 4 and 2020 c. 26, Sch. 2 para. 7(7)-(9)); S.I. 2020/1642, reg. 4(b) (with reg. 7)

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