Paragraph 5

(1)

Section 212B (circumstances where Chapter 16A applies) is amended as follows.

(2)

In subsection (1)—

(a)

in paragraph (a), for “a trade (“the relevant trade”)” substitute “ a qualifying activity (“the relevant activity”) ”, and

(b)

in paragraph (c), for “trade” (in both places) substitute “ activity ”.

(3)

In subsection (3) for “trade” substitute “ activity ”.