Regulation 1 Citation, commencement and interpretation

These Regulations may be cited as the Tax Avoidance Schemes (Promoters and Prescribed Circumstances) Regulations 2004 and shall come into force on 1st August 2004.

In these Regulations—

• “notifiable arrangements” has the meaning given by section 306(1);

• “notifiable proposal” has the meaning given by section 306(2); and

• except where the context otherwise requires a reference to a numbered section (without more) is a reference to the section of the Finance Act 2004 which is so numbered.

For the purposes of these Regulations section 839 of the Income and Corporation Taxes Act 1988^f1 applies to determine whether persons are connected.