Section 162 | Penalties for enablers of offshore tax evasion or non-compliance

(1)Schedule 20 makes provision for penalties for persons who enable offshore tax evasion or non-compliance by other persons.

(2)Subsection (1) and that Schedule come into force on such day as the Treasury may appoint by regulations made by statutory instrument.

(3)Regulations under this section may—

(a)commence a provision generally or only for specified purposes,

(b)appoint different days for different purposes, and

(c)make supplemental, incidental and transitional provision in connection with the coming into force of any provision of the Schedule.