SCHEDULES
SCHEDULE 16Penalties for enablers of defeated tax avoidance
PART 12General
Consequential amendments
61
In Schedule 34 to FA 2014 (promoters of tax avoidance schemes: threshold conditions), in paragraph 7—
a
in paragraph (a), for the words after “promoter” substitute
—
i
have been referred to the GAAR Advisory Panel under Schedule 43 to FA 2013 (referrals of single schemes),
ii
are in a pool in respect of which a referral has been made to that Panel under Schedule 43B to that Act (generic referrals), or
iii
have been referred to that Panel under paragraph 26 of Schedule 16 to F(No. 2)A 2017 (referrals in relation to penalties for enablers of defeated tax avoidance),
b
in paragraph (b), for the words after “referral” substitute
under (as the case may be)—
i
paragraph 11(3)(b) of Schedule 43 to FA 2013,
ii
paragraph 6(4)(b) of Schedule 43B to that Act, or
iii
paragraph 34(3)(b) of Schedule 16 to F(No. 2)A 2017,
(opinion of sub-panel of GAAR Advisory Panel that arrangements are not reasonable), and