Finance Act 2014

Conduct notices

This section has no associated Explanatory Notes

5(1)A conduct notice that is given to a partnership must state that it is a partnership conduct notice.

(2)In accordance with paragraphs 1 and 2, where the person to whom a conduct notice is given is a partnership, section 238 authorises the imposition of conditions relating to—

(a)the persons who are members of the partnership when the conduct notice is given, and

(b)any person who becomes a member of the partnership after the conduct notice is given.