Corporation Tax Act 2009 section 242

Determination by tribunal

Section 242 explains how disputes about the apportionment of lease premium amounts are resolved when someone objects to a proposed determination, and who is bound by the outcome.

• Where an objection has been raised against a proposed determination under section 240, the disputed amount must be decided through the same process as a tax appeal, typically by an independent tribunal.
• All persons who received provisional notices of determination may participate as parties in the tribunal proceedings and in any subsequent appeal arising from those proceedings.
• Everyone who received a provisional notice is legally bound by the tribunal's decision or the outcome of any appeal, regardless of whether they actually took part in the proceedings.
• Any successors in title to those persons — for example, someone who later acquires the relevant property interest — are equally bound by the determination.