Insertion of new Part 21B of CTA 2010 and consequential amendments
4(1)Schedule 4 to that Act (index of defined expressions) is amended as follows.
(2)In the entry for “the predecessor (in Chapter 1 of Part 24)”—
(a)for “24” substitute “22”, and
(b)for “939(4)” substitute “940B(4)”.
(3)In the entry for “the successor (in Chapter 1 of Part 22)”, for “939(4)” substitute “940B(4)”.
(4)In the entry for “trade (in Chapter 1 of Part 22)”, for “939(5)” substitute “940B(5)”.
(5)In the entry for “transfer of a trade (in Chapter 1 of Part 24)”—
(a)for “24” substitute “22”, and
(b)for “939(2)” substitute “940B(2)”.
(6)In the entry for “the transferred trade (in Chapter 1 of Part 24)”—
(a)for “24” substitute “22”, and
(b)for “939(3)” substitute “940B(3)”.
(7)At the appropriate places insert—
“economic loss (in Part 21B) | section 938F” |
“economic profit (in Part 21B) | section 938F” |
“group (in Part 21B) | section 938E” |
“a group mismatch scheme (in Part 21B) | section 938B” |
“relevant tax advantage (in Part 21B) | section 938D” |
“relevant tax disadvantage (in Part 21B) | section 938D” |
“scheme (in Part 21B) | section 938H” |
“the scheme group (in Part 21B) | section 938B” |
“scheme loss (in Part 21B) | section 938C” |
“the scheme period (in Part 21B) | section 938D” |
“scheme profit (in Part 21B) | section 938C ” |