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AI Summary of 530. Interpretation (Chapter 2).

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
Version 16 of 16

530. Interpretation (Chapter 2).

(1) In this Chapter -

"certificate of authorisation" means a certificate issued under section 531(11);

"certificates of deduction" has the meaning assigned to it by section 531(6)(f);

"certified subcontractor", in relation to a principal, means a subcontractor - (a) in respect of whom the principal holds, at the time of making a payment under a relevant contract to the subcontractor, a relevant payments card for the year in which the payment is made, and (b) in respect of whom the principal has not received a notice under paragraph (a) of subsection (13) of section 531;

"chargeable period" has the same meaning as in section 321(2);