F1PART 8BTrading profits taxable at the Northern Ireland rate

CHAPTER 17Excluded trades, excluded activities and back-office activities

Powers

357XIPower to make provision about meaning of “back-office activities”

(1)

The Treasury may by regulations make provision about the meaning of “back-office activities” for the purposes of this Part.

(2)

Regulations under this section may, in particular—

(a)

specify activities that are, or are not, back-office activities, or

(b)

specify circumstances in which activities are, or are not, to be regarded as back-office activities.

(3)

Regulations under this section—

(a)

may make different provision for different purposes;

(b)

may make incidental, supplemental, consequential and transitional provision and savings.