23(1)Section 357GE (other interpretation) is amended as follows.
(2)In subsection (1)—
(a)at the appropriate place insert—
““payment” includes payment in money’s worth.”, and
(b)omit the definition of “qualifying residual profit”.
(3)After subsection (1) insert—
“(1A)In Chapters 3 and 4 of this Part “qualifying residual profit” of a trade, in relation to any accounting period, is the amount obtained by the application of Steps 1 to 4 in section 357C or (as the case may be) section 357DA in relation to the trade for the accounting period.”