Finance Act 2015 (c. 11)

SCHEDULES

SCHEDULE 6 Investment reliefs: excluded activities

PART 4 Further amendments of Parts 5 to 6 of ITA 2007

Parts 5 and 6: certain community-based activities to be excluded activities

11 (1) Part 6 of ITA 2007 is further amended as follows.

(2) In section 309A—

(a) omit subsections (5) and (6) (exception for community-based generation), and

(b) in subsection (9), omit the definitions of “community benefit society”, “co-operative society” and “NI industrial and provident society”.

(3) In section 309B—

(a) omit subsections (3) and (4) (exception for community-based generation or production), and

(b) omit subsection (6) (interpretation of section).