ECL32400 - Enforcement: Assessments: Time limits for assessments

An assessment may not be made after the “relevant time”. The “relevant time” is:

  1. The end of the period of 4 years beginning with the date on which the ECL return was made, or
  2. In the case that no ECL return was made, the end of the period of 20 years beginning with the due date of the ECL return that was not made.