[271Q Effect of variation or revocation of Treasury regulations]

[271Q  Effect of variation or revocation of Treasury regulations]

[(1)     This section applies, in relation to a section 271A scheme, where the Treasury vary or revoke regulations under section 271A and, as a result, the scheme ceases to be a recognised scheme because—

(a)     the country or territory in which the scheme is authorised is no longer approved for the purposes of that section, or

(b)     the scheme is no longer of a description of scheme specified in regulations under that section.

(2)     Where this section applies, the order given by the FCA under section 271A in relation to the scheme

Popular documents