Income Tax (Trading and Other Income) Act 2005 section 302C

Determination by tribunal

Section 302C sets out how objections to provisional determinations of lease premium amounts are resolved through tribunal proceedings, and who is bound by the outcome.

• Where a notice of objection has been given under section 302A(3), the disputed amount must be determined through the same process as an appeal
• All persons who received provisional notices of determination under section 302A(2) are entitled to be a party to the proceedings and any subsequent appeal
• Those persons are bound by the tribunal's determination or any appeal outcome, regardless of whether they actually participated in the proceedings
• Successors in title to those persons are equally bound by the determination