SCHEDULE 19Promoters of tax avoidance schemes
Disciplinary action in relation to professionals etc
7
(1)
In Schedule 34 (threshold conditions), paragraph 8 (disciplinary action: professionals etc) is amended as follows.
(2)
“(1)
A person who carries on a trade or profession that is regulated by a professional body meets this condition if all of the following conditions are met—
(a)
the person is found guilty of misconduct of a prescribed kind,
(b)
action of a prescribed kind is taken against the person in relation to that misconduct, and
(c)
a penalty of a prescribed kind is imposed on the person as a result of that misconduct.”
(3)
In the heading, for “by a professional body” substitute “
against a member of a trade or profession
”
.
(4)
In sub-paragraph (3), in paragraph (h), for “for” substitute “
of
”
.