Paragraph 5 F1
For the purposes of this Schedule, a scheme is a “notifiable scheme”if—
it is a designated scheme, or
although it is not a designated scheme, conditions A and B below are met in relation to it.
Condition A is that the scheme includes, or is associated with, a provision of a description designated under paragraph 4.
Condition B is that the scheme has as its main purpose, or one of its main purposes, the obtaining of a tax advantage by any person.
Annotations
Textual amendments
- F1
Sch. 11A inserted (22.7.2004 for specified purposes, 1.8.2004 in so far as not already in force) by Finance Act 2004 (c. 12), s. 19(2), Sch. 2 para. 2; S.I. 2004/1934, art. 2
Notes on Schedule 11A
Modifications
- C1
Sch. 11A modified (16.11.2017 for specified purposes, 1.1.2018 in so far as not already in force) by Finance (No. 2) Act 2017 (c. 32), s. 66(2)(4)