PC (New Zealand) The case concerned statutes which had codified earlier law, and whether a waiver under one Act was operative also under the other. The tax system would issue an initial assessment, and a later detailed assessment. The taxpayers representative signed a waiver allowing the later assessment to be delayed, but the company now challenged the validity and effect of the waiver.
Held: The acts were properly considered as both consolidating and amending acts. As such they should not be construed artificially to accord with previous practice, and the waiver was valid.
Judges:
Lord Steyn, Lord Nolan, Lord Hutton, Lord Scott of Foscote, Lord Walker of Gestingthorpe
Citations:
[2003] UKPC 32, Times 06-May-2003, [2003] STI 886, [2003] STC 732
Links:
Jurisdiction:
England and Wales
Taxes Management
Updated: 14 October 2022; Ref: scu.181033