The Tax Avoidance Schemes (Information) (Amendment) Regulations 2006

• Citation: S.I. 2006/1544
• Sections: 6

Section 1 Citation and commencement

These Regulations may be cited as the Tax Avoidance Schemes (Information) (Amendment) Regulations 2006 and shall come into force on 1st August 2006.

Section 2 Amendment of the Tax Avoidance Schemes (Information) Regulations 2004

The Tax Avoidance Schemes (Information) Regulations 2004 are amended as follows.

Section 3 Amendment of the Tax Avoidance Schemes (Information) Regulations 2004

In regulation 2 (interpretation), in the definition of “the Arrangements Regulations” for “Regulations 2004” substitute “Regulations 2006”.

Section 4 Amendment of the Tax Avoidance Schemes (Information) Regulations 2004

(1) Amend regulation 4 (time for providing information under section 308, 309, 310 or 312) as follows.

(2) In paragraph (5) for the words from “during the period—” to “in accordance with regulation 8” substitute—

during the period of 30 days beginning with the day after that on which the person enters into the first transaction forming part of the notifiable arrangements.

Section 5 Amendment of the Tax Avoidance Schemes (Information) Regulations 2004

Omit regulation 6 (time for providing information: transitional provision).

Section 6 Amendment of the Tax Avoidance Schemes (Information) Regulations 2004

(1) Amend regulation 8(6) as follows.

(2) Omit “falling within Part 1 of the Schedule to the Arrangements Regulations”.

(3) After “notified to the Board” add “on a return in such form as they may specify”.

(4) Omit sub-paragraphs (a) and (b).