SCHEDULES

SCHEDULE 2 U.K.Restrictions applying to certain deductions made by banking companies

PART 2 U.K.Consequential amendments

CTA 2010 U.K.

4 U.K.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 U.K.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”.