Section 209AC Sections 209AA to 209ABA: definitions

F1In sections 209AA F2to 209ABA—

• “final GAAR counteraction notice” means a notice given under—

  1. paragraph 12 of Schedule 43,

  2. paragraph 8 or 9 of Schedule 43A, or

  3. paragraph 8 of Schedule 43B,

• “GAAR procedural requirements” means the procedural requirements of Schedule 43, 43A F3, 43B, or (as the case may be) 43D,

• “lesser adjustments” means adjustments specified in the final GAAR counteraction notice which assume a smaller tax advantage than was assumed in the protective GAAR notice or (as the case may be) the Schedule 43 or 43A notice F4(within the meaning of section 209AB) or the Schedule 43D notice (within the meaning of section 209ABA), and

• “ordinary assessing time limit”, in relation to any adjustments, means the time limit imposed by or under any enactment other than this Part for the making of the adjustments.

Expressions which are used in section 202 of FA 2014 (“tax enquiry”, and its being “in progress”, and “return”) have the same meaning in sections 209AA F5to 209ABA as they have in that section (and references to completing a tax enquiry are to be read accordingly).