[F1225CMeaning of “ring fence income”U.K.
This
adran has no associated
Nodiadau Esboniadol
In this Chapter “ring fence income” means income arising from oil extraction activities or oil rights.]
Textual Amendments
F1Pt. 2 Ch. 16A inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 1 para. 2 (with Sch. 9 paras. 1-9, 22)