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"2010 Directive" means Council Directive 2010/24/EU of 16 March 20101 concerning mutual assistance for the recovery of claims relating to taxes, duties and other measures;

1 OJ No. L84, 31.3.2010, p.1

"migration date" means the date on which a disposal is deemed to have been made by virtue of section 627(2);

(3) Subsection (2) shall not apply to assets referred to in section 627(2) which have been transferred to a third country unless that country is a party to the EEA Agreement and has concluded an agreement with the State or the European Union equivalent to the mutual assistance provided for in the 2010 Directive.

(6) Notwithstanding subsections (2) and (4), if, with respect to the company referred to in section 627(2), any of the events specified in subsection (7) occurs, then any amount of tax which has not been paid at the time of the event, and any interest charged on that amount in accordance with subsection (9), shall become due and payable on the occurrence of that event.

(a) the assets referred to in section 627(2) are sold or otherwise disposed of;

(b) the assets referred to in section 627(2) are transferred to a third country, but this is subject to subsection (8);

(i) a company which is or, during the period of 12 months ending with the date when tax became due and payable, was a member of the same group (within the meaning of section 629A(1)) as a company to which section 627(2) applies, or

(ii) a person who is, or during the period mentioned in subparagraph (i) was, a controlling director (within the meaning of section 629A(1)) of a company to which section 627(2) applies,

(IV) that an election is being made to pay tax in accordance with section 629(2) of the Taxes Consolidation Act 1997;

(11) Subsection (10) shall not apply to a company to which section 629A applies.

(i) a company which is or, during the period of 12 months ending with the date when tax became due and payable, was a member of the same group (within the meaning of section 629A(1)) as a company to which section 627(2) applies, or

(ii) a person who is, or during the period mentioned in subparagraph (i) was, a controlling director (within the meaning of section 629A(1)) of a company to which section 627(2) applies,

"electronic means" has the meaning assigned to it in section 917EA;

(i) be made in the return under section 959I—

(9)(a) Where tax becomes due and payable at any time under this section, simple interest shall be payable on the amount of that tax and shall be calculated, from the specified date until the date of payment, for any day or part of a day during which the amount of tax remains unpaid, at the prevailing rate specified in the Table to subsection (2)(c)(ii) of section 1080, and such interest shall be due and payable when the tax concerned is due and payable.

(IV) that an election is being made to pay tax in accordance with section 629(2) of the Taxes Consolidation Act 1997;