50FA 2022

1

Schedule 17 to FA 2022 (large businesses: notification of uncertain tax treatment) is amended as follows.

2

In paragraph 6(1)(e) (definition of “financial year” in relation to a UK resident partnership), for “under section 12AB” substitute “within the meaning”.

3

In paragraph 6(2), in the definition of “representative partner”—

a

the words from “the partner” to the end of the definition become paragraph (a) of the definition;

b

at the end of that paragraph (a) insert “, or”;

c

after that paragraph insert—

b

the nominated partner within the meaning of paragraph 5 of Schedule A1 to TMA 1970.