SCHEDULES

SCHEDULE 34 U.K. Promoters of tax avoidance schemes: threshold conditions

PART 2 U.K. Meeting the threshold conditions: bodies corporate [F1 and partnerships]

Textual Amendments

F1 Words in Sch. 34 heading inserted (with effect in accordance with Sch. 19 para. 9 of the amending Act) by Finance Act 2015 (c. 11), Sch. 19 para. 4(2)

[F2 Persons who control etc a relevant body treated as meeting a threshold condition U.K.

Textual Amendments

F2 Sch. 34 Pt. 2 paras. 13B-13D substituted (with effect in accordance with s. 24(5) of the amending Act) by Finance Act 2017 (c. 10), s. 24(2)

13C (1) If at a time when a person controlled or had significant influence over a relevant body— U.K.

(a) the relevant body met a threshold condition, and

(b) the relevant body, or another relevant body which the person controlled or had significant influence over, was a promoter,

the person is treated as meeting the threshold condition at the relevant time.

(2) It does not matter whether any relevant body referred to sub-paragraph (1) exists at the relevant time.]