PART 4Miscellaneous and final

Avoidance

121Promoters of tax avoidance schemes

1

Part 5 of FA 2014 (promoters of tax avoidance schemes) is amended in accordance with Schedule 30.

2

Part 1 of that Schedule contains—

a

amendments about “stop notices”, which prohibit the promotion of arrangements of a description specified in the notice, and

b

amendments about the application of Schedule 36 to FA 2008 (information and inspection powers) in connection with Part 5 of FA 2014.

3

Part 2 of that Schedule contains amendments in connection with providing for persons (whether or not they carry on a business) to be treated as carrying on business as a promoter as a result of their connection to other persons.

4

Part 3 of that Schedule contains amendments about powers to give a person a conduct notice or monitoring notice as a result of the transfer of a business, a part of a business, or property of a business to that person.

5

Part 4 of that Schedule contains miscellaneous amendments of Part 5 of FA 2014.

6

The amendments made by that Schedule, other than the amendments made by paragraphs 20, 21 and 27 of that Schedule, have effect—

a

from the day on which this Act is passed, and

b

for the purposes of determining whether a person meets a threshold condition (within the meaning of Part 5 of FA 2014), or a condition in subsections (11) to (13) of Section 237A of FA 2014, in a period of three years ending on or after that day.