# The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations 2016, Regulation 4: Amendment of the Tax Avoidance Schemes (Prescribed Description of Arrangements) Regulations 2006


(1) Regulation 5 (prescribed descriptions of arrangements) is amended as follows.
(2) For paragraph (1) substitute—
“(1) The following arrangements are prescribed for the purposes of Part 7 of the FA 2004 (disclosure of tax avoidance schemes)—
(a) in relation to income tax, corporation tax and capital gains tax, any arrangements which fall within any description specified in a provision of these Regulations listed in paragraph (2);
(b) in relation to inheritance tax, any arrangements which fall within any description specified in a provision of these Regulations listed in paragraph (2)(a) or (c).”
(3) In paragraph (2)—
(a) omit the “and” after sub-paragraph (g);
(b) after sub-paragraph (h) insert—
“and
(i) regulation 19 (description 9: financial products).”

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Source: https://www.legislation.gov.uk/uksi/2016/99/regulation/4 (the official version)
Page: https://openlegislation.uk/tax-avoidance-schemes-prescribed-descriptions-of-arrangements-amendment-regulations-2016/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.