SCHEDULES
SCHEDULE 11Extension of ring fence expenditure supplement
Abolition of extended ring fence expenditure supplement for onshore activities
12(1)Schedule 4 to CTA 2010 (index of defined expressions) is amended as follows.
(2)The following definitions are inserted at the appropriate places—
“the initial 6 periods (in Chapter 5 of Part 8) | section 311(1A)”; |
“the additional 4 periods (in Chapter 5 of Part 8) | section 311(1A)”. |
(3)The following definitions are omitted—
“the commencement period (in Chapter 5A of Part 8) | section 329D(1)”; |
“offshore oil-related activities (in Chapter 5A of Part 8) | section 329C(3)”; |
“onshore oil-related activities (in Chapter 5A of Part 8) | section 329C(2)”; |
“onshore ring fence loss (in Chapter 5A of Part 8) | section 329P”; |
“the onshore ring fence pool (in Chapter 5A of Part 8) | section 329Q”; |
“the period of the loss (in Chapter 5A of Part 8) | section 329P”; |
“post-commencement additional supplement (in Chapter 5A of Part 8) | section 329N(1)”; |
“the post-commencement additional supplement provisions (in Chapter 5A of Part 8) | section 329N(4)”; |
“post-commencement period (in Chapter 5A of Part 8) | section 329D(1)”; |
“pre-commencement additional supplement (in Chapter 5A of Part 8) | section 329I(1)”; |
“pre-commencement period (in Chapter 5A of Part 8) | section 329D(1)”; |
“qualifying company (in Chapter 5A of Part 8) | section 329B”; |
“qualifying pre-commencement onshore expenditure (in Chapter 5A of Part 8) | section 329G”; |
“the relevant percentage (in Chapter 5A of Part 8) | section 329E”; |
“straddling period (in Chapter 5A of Part 8) | section 329D(3)”; |
“unrelieved group ring fence profits (in Chapter 5A of Part 8) | section 329H”. |