Part 7

Disclosure of tax avoidance schemes

Duty of promoters to provide updated information
310C
1
This section applies where—
a
information has been provided under section 308 about any notifiable arrangements, or proposed notifiable arrangements, to which a reference number is allocated under section 311, and
b
after the provision of the information, there is a change in relation to the arrangements of a kind mentioned in subsection (2).
2
The changes referred to in subsection (1)(b) are—
a
a change in the name by which the notifiable arrangements, or proposed notifiable arrangements, are known;
b
a change in the name or address of any person who is a promoter in relation to the notifiable arrangements or, in the case of proposed notifiable arrangements, the notifiable proposal.
3
A person who is a promoter in relation to the notifiable arrangements or, in the case of proposed notifiable arrangements, the notifiable proposal must inform
HMRC
of the change mentioned in subsection (1)(b) within 30 days after it is made.
4
Subsections (5) and (6) apply for the purposes of subsection (3) where there is more than one person who is a promoter in relation to the notifiable arrangements or proposal.
5
If the change in question is a change in the name or address of a person who is a promoter in relation to the notifiable arrangements or proposal, it is the duty of that person to comply with subsection (3).
6
If a person provides information in compliance with subsection (3), the duty imposed by that subsection on any other person, so far as relating to the provision of that information, is discharged.
Pt. 7 excluded (17.7.2014) by Finance Act 2014 (c. 26), Sch. 35 para. 13(b)
S. 310C inserted (with application in accordance with Sch. 17 para. 19 of the amending Act) by Finance Act 2015 (c. 11), Sch. 17 para. 1