Statutory Instruments
2015 No. 948
Taxes
The Tax Avoidance Schemes (Information) (Amendment) Regulations 2015
Made
26th March 2015
Laid before the House of Commons
27th March 2015
Coming into force
16th April 2015
The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 312(2) and (5), 312A(2), 312A(2A) and 312A(5), 313(1), (3) and (6), 313ZC(5), 313C(1A) and (3)(a), 317(2) and 318(1) of the Finance Act 2004(1) and now exercisable by them(2).
2004 c. 12. Sections 312 and 312A were substituted for section 312 by paragraph 4 of Schedule 38 to the Finance Act 2008 (c. 9). Section 312A(2A) was inserted, and section 312A(5) amended, by paragraph [5(2) and (5)] of Schedule 17 to the Finance Act 2015 (c. 11). Section 313)1) was amended, and section 313(5) inserted, by paragraph 5(2) and (4) of Schedule 38 to the Finance Act 2008 and section 313(6) was inserted by paragraph 6 of Schedule 17 to the Finance Act 2015. Section 313ZC was inserted by paragraph [9] of Schedule 17 to the Finance Act 2015. Section 313C was inserted by paragraph 9 of Schedule 17 to the Finance Act 2010 (c.13) and amended by paragraph 12 of Schedule 17 to the Finance Act 2015. Section 317(2) was amended by paragraph 8 of Schedule 17 to the Finance Act 2010. Section 318(1) is cited because of the meaning of “prescribed”.
The functions of the Commissioners of Inland Revenue (“the Board”) were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 50(1) of that Act provides that a reference in an enactment, instrument or other document to the Commissioners of Inland Revenue, however expressed, shall be taken as a reference to the Commissioners for Her Majesty’s Revenue and Customs.