Sch 2 para 19
(1) In this Schedule— “ the Board ” means the Commissioners of Inland Revenue; “ chargeable company ” means a company which, on 2nd July 1997, was benefitting from a windfall from the flotation of an undertaking whose privatisation involved the imposition of economic regulation; “ group ” means a parent undertaking (within the meaning of the Companies Act 1985 or the Companies (Northern Ireland) Order 1986), together with all of its subsidiary undertakings; “ the Management Act ” means the Taxes Management Act 1970; “ notice ” means notice in writing; “ Special Commissioners ” has the same meaning as in the Tax Acts. (2) In this Schedule references to the repayment of an amount of windfall tax include references to making an allowance by way of set-off of an amount of windfall tax against any liability. (3) References in this Schedule to a penalty under this Schedule include references to a penalty under a provision of the Management Act as applied by this Schedule.