# Finance Act 2026, Paragraph 5

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

(1) In the italic heading before paragraph 3, for “Dishonest” substitute “Sanctionable”.
(2) In paragraph 3 (dishonest conduct)—
(a) for sub-paragraph (1) substitute—
“(1) For the purposes of this Schedule, a person “engages in sanctionable conduct” if, in the course of acting as a tax adviser, the person does something with the intention of bringing about a loss of tax revenue.”;
(b) in sub-paragraph (3), for “individual” substitute “person”;
(c) for sub-paragraph (7) substitute—
“(7) A reference in this paragraph to doing something includes omitting to do something.”

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Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/22/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-22/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.