Amendment of the National Insurance Contributions (Application of Part 7 of the Finance Act 2004) Regulations 2012
23. In regulation 26 (the information regulations)—
(a)in paragraph (1)—
(i)for “notifiable contribution arrangements” substitute “arrangements”; and
(ii)for “notifiable contribution proposals” substitute “proposed arrangements within Part 2”;
(b)omit paragraph (4)(a);
(c)omit paragraph (5);
(d)omit paragraph (6A);
(e)in paragraph (8)—
(i)in substituted regulation 10(1), for “(duty of parties to notifiable contribution arrangements to notify HMRC of number, etc)” substitute “(duty of parties to notify HMRC of the reference number etc)”;
(ii)in substituted regulation 10(1)(a)—
(aa)after “regulation 12” insert “or section 311”;
(bb)in both places it occurs omit “notifiable contribution”;
(iii)in substituted regulation 10(3), in both places it occurs, omit “notifiable contribution”;
(iv)in substituted regulation 10(4), in both places it occurs, omit “notifiable contribution”;
(v)in substituted regulation 10(4)(a) omit “notifiable contribution”;
(f)after paragraph (9) insert—
“(9A) In regulation 13(1)(ba) (prescribed information under section 313ZA: information and timing) for “section 311” substitute “section 311 or regulation 12 of the National Insurance Contributions (Application of Part 7 of the Finance Act 2004) Regulations 2012 (allocation of reference number to arrangements).”;
(g)omit paragraph (10);
(h)after paragraph 10A insert—
“(10B) In regulation 13B (prescribed information under section 313ZC: information and timing)—
(a)in paragraph (2)(d) for “a tax advantage” substitute “an advantage”;
(b)in paragraph (2)(e) for “a tax advantage” substitute “an advantage”;”;
(i)omit paragraph (11).