Finance Act 2004

[F1313ZBEnquiry following disclosure of client detailsU.K.

(1)This section applies where—

(a)a person who is a promoter in relation to notifiable arrangements has provided HMRC with information in relation to a person (“the client”) under section 313ZA(3) (duty to provide client details), and

(b)HMRC suspect that a person other than the client is or is likely to be a party to the arrangements.

(2)HMRC may by written notice require the promoter to provide prescribed information in relation to any person other than the client who the promoter might reasonably be expected to know is or is likely to be a party to the arrangements.

(3)The promoter must comply with a requirement under or by virtue of subsection (2) within—

(a)the prescribed period, or

(b)such longer period as HMRC may direct.]