{
  "url": "https://openlegislation.uk/finance-act-2014/section-286",
  "json_url": "https://openlegislation.uk/finance-act-2014/section-286.json",
  "legislation": "ukpga/2014/26",
  "legislation_title": "Finance Act 2014",
  "legislation_url": "https://openlegislation.uk/finance-act-2014",
  "path": "section/286",
  "kind": "section",
  "number": "286",
  "heading": "The Code of Practice on Taxation for Banks: “participating” groups or entities",
  "text": "(1) This section applies for the purposes of section 285.\n(2) A group or entity becomes a “ participating ” group or entity if, on or after 31 May 2013, it notifies the Commissioners in writing that it is unconditionally committed to complying with the Code.\n(3) A group or entity ceases to be a “participating” group or entity if it notifies the Commissioners in writing that it is no longer unconditionally committed to complying with the Code.\n(4) A group or entity which ceases to be a “participating” group or entity in accordance with subsection (3) becomes a “ participating ” group or entity again if it gives a further written notice of the kind mentioned in subsection (2) (subject to what follows).\n(5) Subsections (6) and (7) apply if a group or entity is named in a report under section 285 under subsection (2) of that section.\n(6) If the group or entity is a “participating” group or entity immediately before the publication of the report, it ceases to be so on the publication of the report.\n(7) In any case, the group or entity cannot be a “participating” group or entity after the publication of the report unless and until—\n(a) it gives the Commissioners a further written notice of the kind mentioned in subsection (2), and\n(b) the Commissioners are satisfied that it is unconditionally committed to complying with the Code.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2014/26/section/286",
    "retrieved_at": "2026-10-28T17:01:45.159579+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}