# The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2004, Paragraph 6: Introduction


(1) The arrangements specified in this Part are those which—
(a) satisfy the condition in sub-paragraph (2); and
(b) include one or more of the financial products to which paragraph 7 applies,
unless they are arrangements that are excluded by paragraph 8.
(2) The condition is that the tax advantage expected to be obtained under the arrangements arises, to a significant degree, from the inclusion in those arrangements of the financial product or any of the financial products to which paragraph 7 applies.

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Source: https://www.legislation.gov.uk/uksi/2004/1863/schedule/paragraph/6 (the official version)
Page: https://openlegislation.uk/tax-avoidance-schemes-prescribed-descriptions-of-arrangements-regulations-2004/schedule/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.