Paragraph 2

In paragraph 1 (circumstances in which plan may be entered into: company ceasing to be resident in UK)—

(a)

in subparagraph (1)(b) for “another” substitute “ a relevant ”,

(b)

in subparagraph (5) for “an” substitute “ a relevant ”,

(c)

in subparagraph (6) for “other” substitute “ relevant ”, and

(d)

in subparagraph (7) at the end insert

“;
“relevant EEA state” means an EEA state that is—
(a)
a member of the European Union, or
(b)
a party to an agreement with the United Kingdom that provides for mutual assistance equivalent to that provided for by Council Directive 2010/24/EU of 16 March 2010 concerning mutual assistance for the recovery of claims relating to taxes.”