PART 10

Tax avoidance and evasion

Offshore activities

Penalties in connection with offshore matters and offshore transfers
163
1
Schedule 21 contains provisions amending—
a
Schedule 24 to FA 2007 (penalties for errors in tax returns etc),
b
Schedule 41 to FA 2008 (penalties for failure to notify etc), and
c
Schedule 55 to FA 2009 (penalties for failure to make return etc).
2
That Schedule comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.
3
Regulations under this section may—
a
commence a provision generally or only for specified purposes,
b
appoint different days for different provisions or for different purposes, and
c
make supplemental, incidental and transitional provision.