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Paragraph 5 F1

(1)

This paragraph applies if arrangements (entered into by any person) (“Set A”)—

(a)

are promoted arrangements in relation to a person (“P”), and

(b)

are related to other arrangements which are promoted arrangements in relation to P.

(2)

If Case 1, 2 or 3 applies (see paragraphs 7 to 9) a relevant defeat occurs in relation to P and each of the related arrangements.

(3)

“The related arrangements” means Set A and the arrangements mentioned in sub-paragraph (1)(b).

Annotations

Textual amendments

F1

Sch. 34A inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 160(5)