F1PART 8BTrading profits taxable at the Northern Ireland rate
CHAPTER 17Excluded trades, excluded activities and back-office activities
Powers
357XHPower to amend definition of “excluded trade” or “excluded activity”
(1)
The Treasury may by regulations amend this Chapter so as to alter the meaning of “excluded trade” or “excluded activity” for the purposes of this Part.
(2)
Regulations under this section may only be made if a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, the House of Commons.
(3)
Regulations under this section—
(a)
may make different provision for different purposes;
(b)
may make incidental, supplemental, consequential and transitional provision and savings.