# Finance Act 2016, Paragraph 11

Extent: E+W+S+N.I.

(1) A person (“P”) incurs a “relevant defeat” in relation to arrangements if any of Conditions A to F is met in relation to P and the arrangements.
(2) The relevant defeat is incurred when the condition in question is first met.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/18/paragraph/11 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-18/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.