Regulation 3 Amendment of the Tax Avoidance Schemes (Information) Regulations 2004

Regulation 4 (time for providing information under section 308, 309 or 310) is amended as follows.

For the heading substitute—

“Time for providing information under section 308, 308A, 309 or 310”

In paragraph (1) for the words from “within which” to “or 310” substitute—

“within which—

(a)

the prescribed information under section 308, 309 or 310, and

(b)

the information or documents which will support or explain the prescribed information under section 308A,”

After paragraph (1) insert—

“(1A)

Where a proposal or arrangements (not being otherwise notifiable) is or are treated as notifiable by virtue of an order under section 306A(1), the prescribed period is the period of 10 days beginning on the day after that on which the order is made.”.

After paragraph (3) insert—

“(3A)

Neither paragraph (2) nor (3) applies in a case falling within paragraph (1A) or (3B).

(3B)

In the case of a requirement to provide specified information about, or documents relating to, the notifiable proposal or arrangements which arises by virtue of an order under section 308A(2), the prescribed period is the period of 10 days beginning on the day after that on which the order is made.”.

In paragraphs (5ZA)^f1 and (5A)^f2 for “the day on” substitute “that on”.