SCHEDULES
SCHEDULE 31 Controlled foreign companies
Businesses to which requirement as to derivation of receipts applies
8
(1)
In Part II of Schedule 25 (exempt activities) amend paragraph 11 as follows.
(2)
In sub-paragraph (1) (meaning of “wholesale, distributive or financial business” for purposes of paragraph 6(2)(b))—
(a)
in the opening words, for “or financial" substitute “
financial or service
”
;
(b)
omit the word “and" immediately preceding paragraph (g); and
(c)
at the end of paragraph (g) add
“; and
(h)
the provision of services not falling within any of the preceding paragraphs.”