This section has no associated Explanatory Notes
[F13(1)For the purposes of this Schedule arrangements are “promoted arrangements” in relation to a person if—U.K.
(a)they are relevant arrangements or would be relevant arrangements under the condition stated in sub-paragraph (2), and
(b)the person is carrying on a business as a promoter and—
(i)the person is or has been a promoter in relation to the arrangements, or
(ii)that would be the case if the condition in sub-paragraph (2) were met.
(2)That condition is that the definition of “tax” in section 283 includes, and has always included, value added tax.]
Textual Amendments
F1Sch. 34A inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 160(5)