# Corporation Tax Act 2010, Section 357XA: Oil activities


(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).

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/357XA (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-357XA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.