- Latest available (Revised)
- Original (As enacted)
Finance Act 2014, Section 236B is up to date with all changes known to be in force on or before 16 August 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
(1)A person subject to a stop notice must not promote—
(a)any arrangements that meet the description specified in the notice or that have a similar form or effect to arrangements of that description, or
(b)any proposal for such arrangements.
(2)A person is subject to a stop notice for the purposes of this Part if—
(a)the person is the recipient of the notice;
(b)the person is a body corporate or partnership that the recipient of the notice controls or has significant influence over;
(c)the person controls or has significant influence over a body corporate or partnership that is the recipient of the notice;
(d)the recipient of the notice makes a relevant transfer to the person.
(3)If the recipient of a stop notice controls or has significant influence over a person that is a body corporate or partnership, the recipient must—
(a)within 5 days of the giving of the notice, give a copy of the notice to that person, and
(b)within 15 days of the giving of the notice, provide HMRC with the information mentioned in subsection (6) in relation to that person.
(4)If the recipient of a stop notice is a body corporate or partnership, it must—
(a)within 5 days of the giving of the notice, give a copy of the notice to each person who controls or has significant influence over it, and
(b)within 15 days of the giving of the notice, provide HMRC with the information mentioned in subsection (6) in relation to each such person.
(5)If the recipient of a stop notice makes a relevant transfer to a person, the recipient must—
(a)before making the transfer, give a copy of the notice to that person, and
(b)within 15 days of making the transfer, provide HMRC with the information mentioned in subsection (6) in relation to that person.
(6)The information referred to in subsections (3)(b), (4)(b) and (5)(b) in relation to a person is—
(a)the person's name;
(b)any name under which the person carries on a business and any previous name or pseudonym known by the recipient of the stop notice;
(c)the person's business address or registered office.
(7)An authorised officer may give a copy of a stop notice to any person the officer considers the recipient of the notice is obliged to give a copy to as a result of subsection (3)(a), (4)(a) or [F2(5)(a)] (but this does not affect the obligation of the recipient to do so).
(8)Sub-paragraphs (5) to (11) of paragraph 13A of Schedule 34 (meaning of “control” and “significant influence”) apply to this section as they apply to Part 2 of that Schedule.
(9)In this section “relevant transfer” has the meaning it has in paragraph 5 of Schedule 33A (promotion structures).]
Textual Amendments
F1Ss. 236A-236K and cross-heading inserted (with effect in accordance with s. 121(6) of the amending Act) by Finance Act 2021 (c. 26), Sch. 30 para. 1
F2Word in s. 236B(7) substituted (22.2.2024) by Finance Act 2024 (c. 3), s. 34(5)
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: