OpenLegislation

Paragraph 22 I1

(1)

For the purposes of this paragraph a relevant person is a person who satisfies these conditions—

(a)

he is a transferor or transferee under a transfer scheme or transfer schemes, and

(b)

he might be prejudiced by paragraph 21 if there were court proceedings in which the scheme or schemes were an issue.

(2)

A relevant person must keep each other relevant person informed of any court proceedings in which the scheme or schemes may become an issue.

Annotations

Commencement

I1

Sch. 6 paras. 1-25 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)