F1PART 8BTrading profits taxable at the Northern Ireland rate
CHAPTER 15Profits arising from the exploitation of patents etc
Interpretation
357VEInterpretation of Chapter
In this Chapter—
“exclusive licence”, in relation to a right, has the same meaning as in Part 8A (see section 357BA);
“qualifying IP right” has the same meaning as in Part 8A (see section 357B(4));
“relevant IP profits”, in relation to the trade of a company, is to be read in accordance with Chapter 3 of Part 8A (but subject to section 357VD);
“relevant period” has the meaning given by section 357V.