Section 81 | Countering effect of avoidance arrangements ^F1

(1)This section applies if each of conditions A to D of section 82 is met in relation to a person.^F1

(2)The effects of a scheme or arrangement that are referable to the purpose referred to in condition B of that section are to be counteracted by the making of such adjustments as are necessary.^F1

(3)Any adjustments required to be made by this section (whether or not by an officer of Revenue and Customs) may be made by way of—^F1

(a)an assessment,^F1

(b)the modification of an assessment, or^F1

(c)amendment or disallowance of a claim,^F1

or otherwise.