# Finance Act 2020, Paragraph 38


After paragraph 35 insert—
“Exclusion for relevant step within paragraph 1A where initial step excluded
35ZA Chapter 2 of Part 7A of ITEPA 2003 does not apply by reason of a relevant step within paragraph 1A if that Chapter does not apply by reason of the initial step (within the meaning given by sub-paragraph (1)(a) of paragraph 1A).”

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Source: https://www.legislation.gov.uk/ukpga/2020/14/schedule/2/paragraph/38 (the official version)
Page: https://openlegislation.uk/finance-act-2020/schedule-2/paragraph-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.