F1PART 3AGENERAL ANTI-AVOIDANCE RULE

Artificial tax avoidance arrangements

81DMeaning of ““tax”” and “tax advantage

For the purposes of this Part—

"tax”” (“"treth”") means any devolved tax;

"tax advantage”” (“"mantais drethiannol”") means—

(a)

relief or increased relief from tax,

(b)

repayment or increased repayment of tax,

(c)

avoidance or reduction of a charge to tax,

(d)

deferral of a payment of tax or advancement of a repayment of tax, F2...

(e)

avoidance of an obligation to deduct or account for tax F3, and

(f)

tax credit or increased tax credit.