305AIntroduction

1

This Part makes provision about the disclosure of information in relation to arrangements, or proposed arrangements, that enable, or might be expected to enable, a person to obtain a tax advantage.

2

Among other things, this Part—

a

imposes duties to provide information to HMRC (and others);

b

allows HMRC to allocate reference numbers in relation to arrangements and proposed arrangements (in cases where the disclosure duties have been complied with and in other cases);

c

makes provision about publication of information about arrangements and proposed arrangements, and persons involved in their supply;

d

makes provision about penalties.