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37(1)This paragraph applies if—
(a)information about notifiable arrangements, or proposed notifiable arrangements, is published under paragraph 36,
(b)at any time after the information is published, a ruling of a court or tribunal is made in relation to tax arrangements, and
(c)HMRC is of the opinion that the ruling is relevant to the arrangements mentioned in paragraph (a)
(2)A ruling is “relevant” to the arrangements if—
(a)the principles laid down, or reasoning given, in the ruling would, if applied to the arrangements, allow the purported advantage arising from the arrangements in relation to tax, and
(b)the ruling is final.
(3)HMRC must publish information about the ruling.
(4)The information must be published in the same manner as HMRC published the information mentioned in sub-paragraph (1)(a) (and may also be published in any other manner that HMRC considers appropriate).
(5)A ruling is “final” if it is—
(a)a ruling of the Supreme Court, or
(b)a ruling of any other court or tribunal in circumstances where—
(i)no appeal may be made against the ruling,
(ii)if an appeal may be made against the ruling with permission, the time limit for applications has expired and either no application has been made or permission has been refused,
(iii)if such permission to appeal against the ruling has been granted or is not required, no appeal has been made within the time limit for appeals, or
(iv)if an appeal was made, it was abandoned or otherwise disposed of before it was determined by the court or tribunal to which it was addressed.
(6)Where a ruling is final by virtue of sub-paragraph (ii), (iii) or (iv) of sub-paragraph (5)(b), the ruling is to be treated as made at the time when the sub-paragraph in question is first satisfied.
(7)In this paragraph “tax arrangements” means arrangements in respect of which it would be reasonable to conclude (having regard to all the circumstances) that the main purpose, or one of the main purposes, was the obtaining of a tax advantage.
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