This Chapter contains provision for, and in connection with, a surcharge on the profits of banking companies.

Section 269DA provides for a sum to be charged on the surcharge profits of a banking company, in excess of the company's surcharge allowance, as if it were an amount of corporation tax.

Section 269DB defines “non-banking group relief” for the purposes of calculating a company's surcharge profits.

Section 269DC defines “non-banking or pre-2016 loss relief” for the purposes of calculating a company's surcharge profits.

Section 269DCA defines “non-banking transferred-in loss relief” for the purposes of calculating a company’s surcharge profits.

Section 269DD defines “relevant transferred-out gain” and “non-banking transferred-in gain” for the purposes of calculating a company's surcharge profits.

Sections 269DE to 269DK contain provision for, and in connection with, determining a company's surcharge allowance.

Sections 269DL and 269DM apply enactments relating to corporation tax to sums charged under section 269DA, modify those enactments and make other provision about administration and double taxation.

Section 269DN contains anti-avoidance provision.

Section 269DO contains provision about the interpretation of this Chapter.

Chapter 2 (key definitions) contains provision about the interpretation of this Part that is relevant to this Chapter (see, in particular, section 269B (read with section 269DO(2) to (7)) for the meaning of “banking company” and section 269BD for the meaning of “group”).