arbabarshad
Well-Known Member
- Joined
- 6 Jan 2011
- Messages
- 778
Some thoughts on reflection about the PL's issue.
This post is a good summary of the whole issue to do with APT.
In my view, the only way APT rules can be lawfully applied if done so from here onwards rather than past 3 years. There will be too many complications even if historical shareholder loans were included.
If that is the direction taken by the PL which will be a sensible direction to take, it may mean that due to APT rules being null and void, by extension the historical RPT rules or FFP rules could be null and void and any investigations using those rules would collapse or stopped.
This seems like a check mate situation and starting fresh from now on.
Of course I may be reading the room incorrectly (not checked the details of historical rules) but I have thought this to be the most likely scenario from the time APT rules were challenged by city.