Regulation 5 Descriptions 1 and 2: confidentiality

In regulation 6(3) replace everything after “for paragraph (2) substitute—” with—

“(2)

Arrangements are prescribed if it might reasonably be expected that the user of the arrangements would, but for the requirements of these regulations, wish to keep the way in which any element of those arrangements (including the way in which the arrangements are structured) that secures the tax advantage confidential from HMRC at any time following the material date.”.