287(1)Amend Schedule 25 (cases where section 747(3) does not apply) as follows.U.K.
(2)In paragraph 2(1A)—
(a)for paragraph (a) substitute—
“(a)it is chargeable neither under Chapter 2 of Part 3 of CTA 2009 as profits of a trade carried on wholly or partly in the United Kingdom nor under section 436A (gross roll-up business: separate charge on profits);”, and
(b)in paragraph (b) for the words from “Case I” to “above” substitute “ Chapter 2 of Part 3 of CTA 2009 as profits of a trade carried on wholly or partly in the United Kingdom, or under section 436A ”.
(3)In paragraph 2(1B)(a) for “section 208” substitute “ section 1285 of CTA 2009 ”.
(4)In paragraph 4(1A)—
(a)for paragraph (a) substitute—
“(a)it is chargeable neither under Chapter 2 of Part 3 of CTA 2009 as profits of a trade carried on wholly or partly in the United Kingdom nor under section 436A (gross roll-up business: separate charge on profits);”, and
(b)in paragraph (b) for the words from “Case I” to “above” substitute “ Chapter 2 of Part 3 of CTA 2009 as profits of a trade carried on wholly or partly in the United Kingdom, or under section 436A ”.
(5)In paragraph 12(6) for “Case I of Schedule D” substitute “ section 35 of CTA 2009 ”.
