SCHEDULES
SCHEDULE A1Determination of profits attributable to permanent establishment: supplementary provisions
Part 3Provisions applicable to non-resident banks
Application of this Part
7
(1)
The provisions of this Part of this Schedule have effect where the non-resident company is a bank.
“Bank” for this purpose has the meaning given by section 840A.
(2)
Nothing in this Part of this Schedule shall be read as preventing the application of principles similar to those provided for in this Part in applying the separate enterprise principle to a non-resident company that is not a bank.