SCHEDULES

SCHEDULE 19Promoters of tax avoidance schemes

Treating persons as meeting a threshold condition

5

In Schedule 36 (partnerships)—

a

omit paragraph 4 (threshold conditions: actions of partners in a personal capacity) and the italic heading before it,

b

omit paragraph 20 (definition of “managing partner”) and the italic heading before it, and

c

in paragraph 21 (power to amend definitions) omit “or 20”.