SCHEDULES
SCHEDULE 34Promoters of tax avoidance schemes: threshold conditions
PART 2Meeting the threshold conditions: bodies corporate F1and partnerships
Annotations:
Amendments (Textual)
F2Persons who control etc a relevant body treated as meeting a threshold condition
Annotations:
Amendments (Textual)
F2
Sch. 34 Pt. 2 paras. 13B-13D substituted (with effect in accordance with s. 24(5) of the amending Act) by Finance Act 2017 (c. 10), s. 24(2)
13C
1
If at a time when a person controlled or had significant influence over a relevant body—
a
the relevant body met a threshold condition, and
b
the relevant body, or another relevant body which the person controlled or had significant influence over, was a promoter,
the person is treated as meeting the threshold condition at the relevant time.
2
It does not matter whether any relevant body referred to sub-paragraph (1) exists at the relevant time.
Words in Sch. 34 heading inserted (with effect in accordance with Sch. 19 para. 9 of the amending Act) by Finance Act 2015 (c. 11), Sch. 19 para. 4(2)