2.—(1) This paragraph gives the meaning of the abbreviated references to Acts used in these Regulations—
“CAA 2001” means the Capital Allowances Act 2001(1);
“FA 2004” means the Finance Act 2004;
“ICTA” means the Income and Corporation Taxes Act 1988(2);
“ITEPA 2003” means the Income Tax (Earnings and Pensions) Act 2003(3);
“ITTOIA 2005” means the Income Tax (Trading and Other Income) Act 2005(4);
“TCGA 1992” means the Taxation of Chargeable Gains Act 1992(5).
(2) In these Regulations—
“business” has the meaning given by regulation 3;
“the Information Regulations” means the Tax Avoidance Schemes (Information) Regulations 2004(6);
“lease”, “lessor” and “lessee” are to be construed in accordance with regulation 14(1);
“plant or machinery lease” has the meaning given by regulation 14;
“the Promoters Regulations” means the Tax Avoidance Schemes (Promoters and Prescribed Circumstances) Regulations 2004(7);
“small or medium-sized enterprise” has the meaning given by regulation 4;.
(3) For the purposes of these Regulations section 839 of ICTA(8) applies to determine whether persons are connected.
S.I. 2004/1864, amended by S.I. 2005/1869.
S.I. 2004/1865, amended by regulation 2 of S.I. 2004/2613.
Section 839 was amended by paragraph 20 of Schedule 17 to the Finance Act 1995 (c. 4) and by paragraph 340 of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005.