[F1357WFApplication of section 747 of CTA 2009 to Northern Ireland firmU.K.
Chapter 8 (intangible fixed assets) has effect in relation to a Northern Ireland firm as if—
(a)references to a qualifying trade were to a qualifying partnership trade;
(b)references to a company were to a firm;
(c)references to an accounting period of a company were to an accounting period of a firm;
(d)references to a Northern Ireland company were to a Northern Ireland firm;
(e)references to the [F2SME (Northern Ireland employer) condition] in section 357KA were to the [F3SME (Northern Ireland employer) partnership condition] in section 357WA;
[F4(ea)references to the SME (election) condition in section 357KA were to the SME (election) partnership condition in section 357WA;]
(f)references to the large company condition in section 357KA were to the large partnership condition in section 357WA;
(g)the reference in section 357OB(1)(b) to a qualifying trade by virtue of section 357KB(1) were to a qualifying partnership trade by virtue of section 357WB(1).]
Textual Amendments
F1Pt. 8B inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), s. 1
F2Words in s. 357WF(e) substituted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), Sch. 7 para. 19(2)(a)
F3Words in s. 357WF(e) substituted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), Sch. 7 para. 19(2)(b)
F4S. 357WF(ea) inserted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), Sch. 7 para. 19(3)