Finance Act 2008

Amendments of Part 7 of FA 2004

3 In section 311(1) (arrangements to be given reference number)—

(a) after “complies” insert “or purports to comply”,

(b) omit “may within 30 days”,

(c) before “allocate” insert “may within 30 days”, and

(d) for “notify the person of that number” substitute “must notify that number to the person and (where the person is one who has complied or purported to comply with section 308(1) or (3)) to any other person—

(i) who is a promoter in relation to the notifiable proposal (or arrangements implementing the notifiable proposal) or the notifiable arrangements (or proposal implemented by the notifiable arrangements), and

(ii) whose identity and address has been notified to HMRC by the person.”