Part 7 U.K.Disclosure of tax avoidance schemes

312Duty of promoter to notify client of numberU.K.

(1)Any promoter who is providing services to any person (“the client”) in connection with notifiable arrangements must, within 30 days after the relevant date, provide the client with prescribed information relating to any reference number that has been notified to the promoter by the Board—

(a)in relation to those arrangements, or

(b)in relation to arrangements which are substantially the same as those arrangements (whether made between the same parties or different parties).

(2)In subsection (1) “the relevant date” means—

(a)the date on which the promoter first becomes aware of any transaction forming part of the notifiable arrangements, or

(b)if later, the date on which the number is notified to the promoter under section 311.