Section 250 | Allocation of promoter reference number

(1)Where a monitoring notice is given to a person (“the monitored promoter”) HMRC must as soon as practicable after the end of the appeal period—

(a)allocate the monitored promoter a reference number, and

(b)notify the relevant persons of that number.

(2)“Relevant persons” means—

(a)the monitored promoter, ...

(aa)any person who HMRC know falls within the case described in paragraph 3 of Schedule 33A by virtue of acting under the instruction or guidance of the monitored promoter, and

(b)if the monitored promoter is resident outside the United Kingdom, any person who HMRC know is an intermediary in relation to a relevant proposal of the monitored promoter.

(3)The “appeal period” means—

(a)the period during which an appeal could be brought against the approval by the tribunal of the giving of the monitoring notice, or

(b)where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of.

(4)The duty in subsection (1) does not apply if the monitoring notice is set aside following an appeal.

(5)A number allocated to a person under this section is referred to in this Part as a “promoter reference number”.

(6)Where the monitoring notice mentioned in subsection (1) is a replacement monitoring notice—

(a)in subsection (1) the reference to the end of the appeal period is to be read as a reference to whichever is the later of the end of the appeal period for the original monitoring notice and the date the replacement monitoring notice takes effect, and

(b)in subsection (4) the reference to the monitoring notice is to be read as a reference to the original monitoring notice.