# The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2006, Regulation 2: Interpretation : general

Extent: E+W+S+N.I.

(1) This paragraph gives the meaning of the abbreviated references to Acts used in these Regulations—
“CAA 2001” means the Capital Allowances Act 2001;
“CTA 2009” means the Corporation Tax Act 2009;
“CTA 2010” means the Corporation Tax Act 2010;
“FA 2004” means the Finance Act 2004;
“ICTA” means the Income and Corporation Taxes Act 1988;
“ITA 2007” means the Income Tax Act 2007;
“ITEPA 2003” means the Income Tax (Earnings and Pensions) Act 2003;
“ITTOIA 2005” means the Income Tax (Trading and Other Income) Act 2005;
“TCGA 1992” means the Taxation of Chargeable Gains Act 1992.
(2) In these Regulations—
“business” has the meaning given by regulation 3;
“generally accepted accounting practice” has the meaning given by section 1127 of CTA 2010;
“HMRC” means Her Majesty’s Revenue and Customs
“the Information Regulations” means the Tax Avoidance Schemes (Information) Regulations 2004;
“the material date” means whichever of the following is applicable—
(a)for a proposal notifiable under section 308(1) of FA 2004, the relevant date (as defined in section 308(2) of FA 2004);
(b)for arrangements notifiable under section 308(3) of FA 2004, the date the promoter first becomes aware of any transaction forming part of the notifiable arrangements; or
(c)for arrangements notifiable under section 309 or 310 of FA 2004, the date the person enters into any transaction forming part of the notifiable arrangements;
...
“plant or machinery lease” has the meaning given by section 70K CAA 2001;
“the Promoters Regulations” means the Tax Avoidance Schemes (Promoters and Prescribed Circumstances) Regulations 2004;
“small or medium-sized enterprise” has the meaning given by regulation 4;.
(3) For the purposes of these Regulations section 839 of ICTA applies to determine whether persons are connected.

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Source: https://www.legislation.gov.uk/uksi/2006/1543/regulation/2 (the official version)
Page: https://openlegislation.uk/tax-avoidance-schemes-prescribed-descriptions-of-arrangements-regulations-2006/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.