235 Carrying on a business “as a promoter”
Finance Act 2014 (2014 c 26) | Legislation

235  Carrying on a business “as a promoter”

(1)     A person carrying on a business in the course of which the person is, or has been, a promoter in relation to a relevant proposal or relevant arrangements carries on that business “as a promoter”.

[(1A)     For the purposes of this Part, a person is treated as carrying on a business as a promoter if the person is a member of a promotion structure (whether or not the person carries on a business).]

(2)     A person is a “promoter” in relation to a relevant proposal if the person—

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