Schedule 11A, paragraph 3

If it appears to the Treasury— the Treasury may by order designate that scheme for the purposes of this paragraph. that a scheme of a particular description has been, or might be, entered into for the purpose of enabling any person to obtain a tax advantage, and that it is unlikely that persons would enter into a scheme of that description unless the main purpose, or one of the main purposes, of doing so was the obtaining by any person of a tax advantage, A scheme may be designated for the purposes of this paragraph even though the Treasury are of the opinion that no scheme of that description could as a matter of law result in the obtaining by any person of a tax advantage. The order must allocate a reference number to each scheme. In this Schedule “designated scheme” means a scheme of a description designated for the purposes of this paragraph.

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Source: legislation.gov.uk · retrieved 2026-07-28