5(1)Section 313 (duty of parties to notifiable arrangements to notify HMRC of number etc) is amended as follows.U.K.
(2)In subsection (1)(a), omit “under section 311 by the Board or under section 312 by the promoter”.
(3)In subsection (3)—
(a)for “under subsection (1)” substitute “ made by HMRC ”,
(b)in paragraph (a), for “number and other information” substitute “ information prescribed under subsection (1) ”, and
(c)in paragraph (b), for “number and other information” substitute “ information prescribed under subsection (1) and such other information as is prescribed ”.
(4)Insert at the end—
“(5)HMRC may give notice that, in relation to notifiable arrangements specified in the notice, persons are not under the duty under subsection (1) after the date specified in the notice.”
Commencement Information
I1Sch. 38 para. 5 in force at 1.11.2008 for the purposes of the amendments made by that paragraph (but not for the purposes of Stamp Duty Land Tax) by S.I. 2008/1935, art. 2(1) (with art. 2(2))
I2Sch. 38 para. 5 in force at 1.4.2010 for the purposes of Stamp Duty Land Tax by S.I. 2010/409, art. 2