[241B Judicial ruling upholding asserted tax advantage: effect on defeat notice]
Finance Act 2014 (2014 c 26) | Legislation

[241B  Judicial ruling upholding asserted tax advantage: effect on defeat notice]

[(1)     If the relevant defeat to which a single defeat notice relates is overturned (see subsection (5)), the notice has no further effect on and after the day on which it is overturned.

(2)     Subsection (3) applies if one (and only one) of the relevant defeats in respect of which a double defeat notice was given is overturned.

(3)     The notice is to be treated for the purposes of this Part (including this section) as if it had always been a single defeat notice given (in respect of the other of the two relevant defeats) on the date on which the notice was in fact given.

The

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