xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
Textual Amendments
F1Sch. 25 heading substituted (with effect in accordance with Sch. 17 para. 37 of the amending Act) by Finance Act 1998 (c. 36), Sch. 17 para. 25; S.I. 1998/3173, art. 2
Valid from 19/07/2011
Textual Amendments
F2Sch. 25 Pts. 2A, 2B (paras. 12B-12N) inserted (with effect in accordance with Sch. 12 para. 14(2) of the amending Act) by Finance Act 2011 (c. 11), Sch. 12 para. 3
12H(1)For the purposes of section 748(1)(bb), a company (āCā) is exempt for an accounting period if the requirements of this Part of this Schedule are satisfied.U.K.
(2)The requirements are those imposed as to C'sā
(a)business establishment (see paragraph 12I),
(b)intellectual property business (see paragraph 12J),
(c)other business activities (see paragraph 12K),
(d)UK connection (see paragraph 12L), and
(e)finance income (see paragraph 12M).]