Paragraph 6

In section 279B (company with only ring fence profits)—

(a)

in subsection (1), after paragraph (a) insert—

“(ab)
it is not a close investment-holding company in the period,”,

(b)

in subsection (2), in the definition of “R”, for “marginal” substitute “ ring fence marginal ”, and

(c)

in subsection (3), for “marginal” substitute “ ring fence marginal ”.