Finance Act 2014 (c. 26)

PART 4 Follower notices and accelerated payments

CHAPTER 2 Follower notices

Defined terms

218 Defined terms used in Chapter 2

For the purposes of this Chapter—

• “arrangements” has the meaning given by section 201(4);

• “the asserted advantage” has the meaning given by section 204(3);

• “the chosen arrangements” has the meaning given by section 204(3);

• “the denied advantage” has the meaning given by section 208(3);

• “follower notice” has the meaning given by section 204(1);

• “HMRC” means Her Majesty’s Revenue and Customs;

• “judicial ruling”, and “relevant” in relation to a judicial ruling and the chosen arrangements, have the meaning given by section 205;

• “relevant tax” has the meaning given by section 200;

• “the specified time” has the meaning given by section 208(8);

• “tax advantage” has the meaning given by section 201(2);

• “tax appeal” has the meaning given by section 203;

• “tax arrangements” has the meaning given by section 201(3);

• “tax enquiry” has the meaning given by section 202(2);

• “tax period” means a tax year, accounting period or other period in respect of which tax is charged;

• “P” has the meaning given by section 204(1);

• “the 30 day post-representations period” has the meaning given by section 208(8);

• “the 90 day post-notice period” has the meaning given by section 208(8).