SCHEDULES
F1SCHEDULE 34APromoters of tax avoidance schemes: defeated arrangements
Annotations:
Amendments (Textual)
PART 4Meeting section 237A conditions: bodies corporate and partnerships
F2Persons who control etc a relevant body treated as meeting a section 237A condition
Annotations:
Amendments (Textual)
F2
Sch. 34A paras. 20-22 and cross-headings substituted (with effect in accordance with s. 24(6) of the amending Act) by Finance Act 2017 (c. 10), s. 24(3)
21
1
If at a time when a person controlled or had significant influence over a relevant body—
a
the relevant body met a section 237A 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 section 237A condition at the section 237A(2) relevant time.
2
It does not matter whether any relevant body referred to sub-paragraph (1) exists at the section 237A(2) relevant time.
Sch. 34A inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 160(5)