# Finance Act 2021, Section 124: The GAAR and partnerships


(1) Schedule 32 makes provision about the operation of the general anti-abuse rule in relation to partnerships.
(2) The amendments made by the Schedule have effect in relation to tax arrangements (within the meaning of Part 5 of FA 2013) entered into at any time (whether before or after the passing of this Act).

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Source: https://www.legislation.gov.uk/ukpga/2021/26/section/124 (the official version)
Page: https://openlegislation.uk/finance-act-2021/section-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.