3(1)In subsection (1) of section 604 of the Taxes Act 1988 (application for approval)—
(a)for “the administrator of the scheme” there shall be substituted “the appropriate applicant”; and
(b)in paragraph (c), after “given to the” there shall be inserted “appropriate applicant,”.
(2)After that subsection there shall be inserted the following subsection—
“(1A)In subsection (1) above “the appropriate applicant” means—
(a)in the case of a trust scheme, the trustee or trustees of the scheme; and
(b)in the case of a non-trust scheme, the scheme sponsor or scheme sponsors;
and subsection (9) of section 611AA applies for the purposes of this subsection as it applies for the purposes of that section.”
(3)This paragraph has effect in relation to any application made on or after the day on which this Act is passed.