Paragraph 17
Schedule 4 to CTA 2010 (index of defined expressions) is amended as follows.
Insert the following entries at the appropriate places—
“
the main ring fence profits rate section 279A(4) (as applied by section 1119) ”
“
the marginal relief fraction (in Chapter 3A of Part 8) section 279B(3) ”
“
related 51% group company section 279F (as applied by section 1119) ”
“
the small ring fence profits rate section 279A(4) ”
Omit the entries for—
“associated company (in Part 3)”;
“close investment holding company (in Part 3)”;
“the ring fence fraction (in Part 3)”;
“the small profits rate”;
“the standard fraction (in Part 3)”.
In the entry for “augmented profits (in Part 3)”—
in the first column for “Part 3” substitute “ Chapter 3A of Part 8 ”, and
in the second column, for “32” substitute “ 279G ”.
In the entry for “the lower limit (in Part 3)”—
in the first column for “Part 3” substitute “ Chapter 3A of Part 8 ”, and
in the second column for “24” substitute “ 279E ”.
In the entry for “the upper limit (in Part 3)”—
in the first column for “Part 3” substitute “ Chapter 3A of Part 8 ”, and
in the second column for “24” substitute “ 279E ”.