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38(1)A member of a UK group has “satisfied the arrangements condition” if it is a party to a tax avoidance scheme.
(2)“Tax avoidance scheme” means—
(a)arrangements in respect of which a notice of final decision has been given under—
(i)paragraph 12 of Schedule 43 to FA 2013,
(ii)paragraph 5 or 6 of Schedule 43A to FA 2013, or
(iii)paragraph 9 of Schedule 43B to FA 2013,
stating that a tax advantage arising from the arrangements is to be counteracted;
(b)arrangements which are notifiable arrangements for the purposes of Part 7 of FA 2004 (disclosure of tax avoidance schemes), other than arrangements in relation to which HMRC have given notice under section 312(6) of FA 2004 (notice that promoters not under duty to provide clients with prescribed information);
(c)a scheme which is a notifiable scheme for the purposes of Schedule 11A to VATA 1994 (disclosure of avoidance schemes).
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