HM Revenue. Customs has given authority for the Borrower to make payment to that Lender without a Tax Deduction and that authority expires or is withdrawn by HM Revenue & Customs; or
HM Revenue. Customs has given the UK Borrower authority to make payments to that Lender without a UK Tax Deduction but such authority has subsequently been revoked or expired, and in each case, such UK Borrower has notified that Lender in writing of either (1),(2) or (3) above, then such Lender and such UK Borrower shall co-operate in completing any additional procedural formalities necessary for such UK Borrower to obtain authorization to make that payment without UK Tax Deduction.
HM Revenue. Customs has not given the UK Borrower authority to make payment to that Lender Party without a UK Tax Deduction within 60 days of the date of the UK Borrower DTTP Filing; or
HM Revenue. Customs has legislative responsibility for ECAs. It also has the following roles: policy lead on tax related aspects of the ECA scheme dealing with tax related queries determining whether/ to what extent technologies are compatible for the purposes of ECAs taking the lead in progressing State aid clearance for new proposed ECA technologies and other changes to the scheme. drafting/ making/ publicising statutory instruments to include new technologies to the ECA scheme.
