SCHEDULES

SCHEDULE 30Amendments of Part 5 of FA 2014

PART 2Promotion structures

9

In section 235 (carrying on a business “as a promoter”), after subsection (1) insert—

1A

For the purposes of this Part, a person is treated as carrying on a business as a promoter if the person is a member of a promotion structure (whether or not the person carries on a business).

Schedule 33A describes the cases in which a person is a member of a promotion structure.