»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp undertakings are described by regulation 16 in the Revenue Traders (Accounts and Records) Regulations 1992. »Ê¹ÚÌåÓýapp undertakings must be in writing from the claimant and cover the following

• is able to identify the names and addresses of those consumers whom he has reimbursed or whom he intends to reimburse
• will reimburse the whole of the amount repaid to him without any deduction by way of fee or charges within 90 days of receiving the repayment
• will apply the same conditions to any statutory interest paid in connection with the repayment
• will repay HMRC without demand the whole or such part of the repayment and or statutory interest that he fails to reimburse within the 90 day time limit
• will keep records as described by the regulations, and
• will when given notice in writing produce those records to HMRC.

In order to help revenue trader’s decide if they want to operate the scheme they should be sent a copy of the “undertakings in connection with the reimbursement scheme� letter, see ERODG9000, along with the accompanying explanatory notes. Copies of these can be found at ERODG8000.