SCHEDULES

SCHEDULE 8Minor and consequential amendments

Part 12Amendments for purposes connected with other tax law rewrite Acts

Finance Act 2004 (c. 12)

302

1

Amend section 318 (interpretation of Part 7) as follows.

2

In subsection (1)—

a

after the definition of “arrangements” insert—

“company” has the meaning given by section 1121 of the Corporation Tax Act 2010;

b

after the definition of “tax” insert—

“trade” includes every venture in the nature of trade.

3

Omit subsection (2).