132(1)The regulations may provide that activities carried on by a company in partnership are not to be regarded as qualifying activities of that company unless the partnership is a qualifying partnership.U.K.
“Qualifying activities” here means core qualifying activities, qualifying secondary activities or qualifying incidental activities.
(2)Subject to any provision made by the regulations, a “qualifying partnership” means a partnership that if it were a company would meet the requirements in paragraph 16(1) (qualifying companies).