This section has no associated Explanatory Notes
219(1)Amend section 837A (meaning of “research and development”) as follows.U.K.
(2)In subsection (1) for “Tax Acts” substitute “ Corporation Tax Acts ”.
(3)In subsection (2) for “regulations under subsection (3)” substitute “ subsections (2A) and (2B) ”.
(4)For subsections (3) and (4) substitute—
“(2A)Activities that, as a result of regulations made under section 1006 of ITA 2007, are “research and development” for the purposes of that section are also “research and development” for the purposes of this section.
(2B)And activities that, as a result of any such regulations, are not “research and development” for the purposes of that section are also not “research and development” for the purposes of this section.”