Regulation 2 Time for providing information: transitional provisions

(1)

Where paragraph (2) applies, the period or time (as the case may be) to be found in accordance with regulation 5 of the Tax Avoidance Schemes (Information) Regulations 2012^f1 shall end on 17th January 2014 instead of the day on which it would otherwise end by virtue of that regulation.

(2)

This paragraph applies in respect of proposals or arrangements (as the case may be) that are notifiable by virtue of regulation 4 of the Annual Tax on Enveloped Dwellings Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2013^f2 where—

(a)

for the purposes of section 308(1) of the Finance Act 2004, the relevant date in relation to a proposal falls within the period beginning with 31st January 2013 and ending on 3rd November 2013; or

(b)

for the purposes of section 308(3) of the Finance Act 2004, the date on which the promoter first becomes aware of any transaction forming part of the arrangements falls within the period beginning with 31st January 2013 and ending on 3rd November 2013.

Annotations

Footnotes

f1: S.I. 2012/1836.
f2: S.I. 2013/2571.