This section has no associated Explanatory Notes
[F116(1)Condition F is that—U.K.
(a)a person has made a return, claim or election on the basis that a relevant tax advantage arises,
(b)the tax advantage, or part of the tax advantage would not arise if a particular avoidance-related rule (see paragraph 25) applies in relation to the person's tax affairs,
(c)it is held in a judicial ruling that the relevant avoidance-related rule applies in relation to the person's tax affairs, and
(d)the judicial ruling is final.
(2)For the purposes of sub-paragraph (1) “relevant tax advantage” means a tax advantage which the arrangements might be expected to enable the person to obtain.]
Textual Amendments
F1Sch. 34A inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 160(5)