Paragraph 3
(1)
At the end of the 2016-17 tax year a person has “relevant offshore tax non-compliance” to correct if—
(a)
Conditions A and B are satisfied in respect of any offshore tax non-compliance committed by that person on or before 5 April 2017 (“the original offshore tax non-compliance”), and
(b)
Condition C will be satisfied on the relevant date (see paragraph 6).
(2)
Where the original offshore tax non-compliance committed by a person has been corrected in part by the end of the tax year 2016-17, the person's “relevant offshore tax non-compliance” is the uncorrected part of the original offshore tax non-compliance.