SCHEDULES

SCHEDULE 11Extension of ring fence expenditure supplement

8Amendments of Chapter 5 of Part 8 of CTA 2010

1

Section 326 (the ring fence pool) is amended as follows.

2

In subsection (3), for “the following provisions of this Chapter” substitute “sections 327 and 328”.

3

In subsection (4), after “made”, in the first place, insert “under section 327 or 328”.

4

After subsection (5) insert—

6

This section is subject to section 328A (adjustment of pool to remove pre-2013 losses after the initial 6 periods).