Finance Act 2014

17 (1) Schedule 4 to CTA 2010 (index of defined expressions) is amended as follows. U.K.

(2) Insert the following entries at the appropriate places—

“the main ring fence profits rate

section 279A(4) (as applied by section 1119)”

“the marginal relief fraction (in Chapter 3A of Part 8)

section 279B(3)”

“related 51% group company

section 279F (as applied by section 1119)”

“the small ring fence profits rate

section 279A(4)”

(3) Omit the entries for—

• “associated company (in Part 3)”;

• “close investment holding company (in Part 3)”;

• “the ring fence fraction (in Part 3)”;

• “the small profits rate”;

• “the standard fraction (in Part 3)”.

(4) In the entry for “augmented profits (in Part 3)”—

(a) in the first column for “Part 3” substitute “ Chapter 3A of Part 8 ”, and

(b) in the second column, for “32” substitute “ 279G ”.

(5) In the entry for “the lower limit (in Part 3)”—

(a) in the first column for “Part 3” substitute “ Chapter 3A of Part 8 ”, and

(b) in the second column for “24” substitute “ 279E ”.

(6) In the entry for “the upper limit (in Part 3)”—

(a) in the first column for “Part 3” substitute “ Chapter 3A of Part 8 ”, and

(b) in the second column for “24” substitute “ 279E ”.