SCHEDULES

SCHEDULE 27U.K.Schedules 24 to 26: consequential provision

Taxes Management Act 1970U.K.

9(1)Section 107A (relevant trustees) is amended as follows.U.K.

(2)In subsection (2)—

(a)in paragraph (a), after “Schedule 22 to the Finance Act 2016” insert “ or Schedule 25 to the Finance Act 2021 ”;

(b)in paragraph (c)—

(i)after “Schedule 56 to the Finance Act 2009” insert “ or Schedule 26 to the Finance Act 2021 ”;

(ii)for “that Act” substitute “ the Finance Act 2009 ”.

(3)In subsection (3)—

(a)omit paragraph (a);

(b)in paragraph (c)—

(i)in sub-paragraph (i), for “1, 3C, 12, 18 or 19” substitute “ 3C ”;

(ii)omit sub-paragraph (ii) (but not the “or” at the end of that sub-paragraph);

(iii)in sub-paragraph (iii), omit “or (ii)”;

(c)after paragraph (d) insert—

“(e)in relation to—

(i)a penalty under Schedule 26 to the Finance Act 2021 (penalties for failure to pay tax), or

(ii)interest under section 101 of the Finance Act 2009 on a penalty within sub-paragraph (i),

the end of the specified date as defined in paragraph 1 of Schedule 26 to the Finance Act 2021;”.