SCHEDULES

SCHEDULE 2Restrictions applying to certain deductions made by banking companies

PART 2Consequential amendments

CTA 2010

4

In section 1 of CTA 2010 (overview of Act), in subsection (3)—

a

for “Parts 8” substitute “ Parts 7A ”, and

b

before paragraph (a) insert—

za

banking companies (see Part 7A),

5

In Schedule 4 to CTA 2010 (index of defined expressions), at the appropriate place insert—

banking company (in Part 7A)

section 269B

building society (in Chapter 3 of Part 7A)

section 269CN

company tax return (in Chapter 3 of Part 7A)

section 269CN

group (in Part 7A)

section 269BD

HMRC (in Chapter 3 of Part 7A)

section 269CN

partnership (in Chapter 3 of Part 7A)

section 269CN

pre-2015 carried-forward management expenses (in Chapter 3 of Part 7A)

section 269CC(4)

pre-2015 carried-forward non-trading deficit (in Chapter 3 of Part 7A)

section 269CB(4)

pre-2015 carried-forward trading loss (in Chapter 3 of Part 7A)

section 269CA(4)

relevant carried-forward loss (in Chapter 3 of Part 7A)

section 269CN

relevant non-trading profits (in Chapter 3 of Part 7A)

section 269CN

relevant profits (in Chapter 3 of Part 7A)

section 269CN

relevant regulated activity (in Part 7A)

section 269BB

relevant trading profits (in Chapter 3 of Part 7A)

section 269CN

start-up period (in Chapter 3 of Part 7A)

section 269CG