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HMRC internal manual

Holding and Movements - Financial Securities Assurance

From
HM Revenue & Customs
Updated
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General information: What legislation allows us to require financial securities for general securities?

CEMA 1979 section 157 (1A) states:

“…the Commissioners may…require any person to givesecurity…by bond, guarantee or otherwise…for the observance if any condition inconnection with customs or excise.”