Amendment of the Tax Avoidance Schemes (Information) Regulations 2012
This
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Memorandwm Esboniadol
4. For regulation 7 substitute—
“Time for providing information under section 312A
7. The prescribed period for a notification under section 312A(2) or (2A) is the period of 30 days beginning with—
(a)the day on which the prescribed information is notified to the client by—
(i)the promoter under section 312; or
(ii)the person under the duty in section 312ZA(2) under section 312ZA; or
(b)if later, the day on which the client first becomes aware of any transaction forming part of the arrangements or proposed arrangements.”.