Section 165 | Interpretation and commencement

(1)In this Chapter—

“arrangements” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;

“authorised officer of Revenue and Customs” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;

“Commissioners” means the Commissioners for His Majesty’s Revenue and Customs;

“HMRC” means His Majesty’s Revenue and Customs;

“promotion” has the meaning given in section 160;

“tax advantage” includes—

relief or increased relief from tax,

repayment or increased repayment from tax,

avoidance or reduction of a charge to tax or an assessment to tax,

avoidance of a possible assessment to tax,

deferral of a payment of tax or advancement of a repayment of tax, and

avoidance of an obligation to deduct or account for tax.

(2)Section 159(1) comes into force two months after the day on which this Act is passed.