PART 10Tax avoidance and evasion

Offshore activities

I1162Penalties for enablers of offshore tax evasion or non-compliance

I21

Schedule 20 makes provision for penalties for persons who enable offshore tax evasion or non-compliance by other persons.

2

Subsection (1) and that Schedule come into force on such day as the Treasury may appoint by regulations made by statutory instrument.

3

Regulations under this section may—

a

commence a provision generally or only for specified purposes,

b

appoint different days for different purposes, and

c

make supplemental, incidental and transitional provision in connection with the coming into force of any provision of the Schedule.