Part 7Disclosure of tax avoidance schemes

F1313CF2Provision of information to HMRC by introducers

F3(1)

This section applies where HMRC suspect—

(a)

that a person (“P”) is an introducer in relation to a proposal, and

(b)

that the proposal may be notifiable.

(1A)

HMRC may by written notice require P to provide HMRC with one or both of the following—

(a)

prescribed information in relation to each person who has provided P with any information relating to the proposal;

(b)

prescribed information in relation to each person with whom P has made a marketing contact in relation to the proposal.

(2)

A notice must specify the proposal to which it relates.

(3)

P must comply with a requirement under F4subsection (1A) within—

(a)

the prescribed period, or

(b)

such longer period as HMRC may direct.