Section 357XA Oil activitiesF1
(1)
A trade is an “excluded trade” if it is a ring fence trade.
(2)
In this section “ring fence trade” has the same meaning as in Part 8 (oil activities) (see section 277).
Annotations
Textual amendments
- F1
Pt. 8B inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), s. 1