SCHEDULES

SCHEDULE 16U.K.Penalties for enablers of defeated tax avoidance

PART 12 U.K.General

RegulationsU.K.

57(1)Any regulations under this Schedule must be made by statutory instrument.U.K.

(2)A statutory instrument which contains (alone or with other provision) any regulations within sub-paragraph (3) may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.

(3)Regulations within this sub-paragraph are—

(a)regulations under paragraph 12;

(b)regulations under paragraph 14(1);

(c)regulations under paragraph 14(2) which amend or repeal any provision of this Schedule;

(d)regulations under paragraph 51;

(e)regulations under paragraph 54.

(4)A statutory instrument containing only—

(a)regulations under paragraph 14(2) which do not amend or repeal any provision of this Schedule, or

(b)regulations under paragraph 44,

is subject to annulment in pursuance of a resolution of the House of Commons.