Regulation 19 Sections 312B and 313ZB

After regulation 13(1)(c) insert—

“(d)

at the end of the prescribed period under sub-paragraph (a)(i), where the promoter is unable to provide any unique taxpayer number or national insurance number, the prescribed information under sub-paragraph (b) must include confirmation that one of the following applies—

(i)

the client has complied with section 312B and does not have a unique taxpayer number or national insurance number or has neither number;

(ii)

the client has not complied with section 312B;

(iii)

on the sixteenth day after the end of the relevant period, the prescribed period under regulation 8A(1)(a) had not yet expired;

(e)

at the end of the prescribed period under sub-paragraph (a)(ii), where the promoter is unable to provide any unique taxpayer number or national insurance number, the prescribed information under sub-paragraph (b) must include confirmation that either sub-paragraph (d)(i) or sub-paragraph (d)(ii) applies.”.