Finance (No. 2) Act 2017

Prospective

29 U.K. In section 118(1) (interpretation)—

(a) after the definition of “CTA 2010” insert—

““end of period statement” has the meaning given by paragraph 8(6) of Schedule A1, and references to an end of period statement for a tax year are to be read in accordance with that paragraph;”;

(b) after the definition of “ITA 2007” insert—

““nominated partner” has the meaning given by paragraph 5(5) of Schedule A1;”

(c) in the definition of “partnership return” for the words from “has the” to the end substitute “means (unless the context otherwise requires)—

(a) a section 12AA partnership return, or

(b) a Schedule A1 partnership return;”;

(d) after the definition of “partnership return” insert—

““partnership statement”—

(a) in relation to a section 12AA partnership return, means the statement required by section 12AB;

(b) in relation to a Schedule A1 partnership return, has the meaning given by paragraph 10(6) of that Schedule;”

(e) after the definition of “return” insert—

““Schedule A1 partnership return” has the meaning given by paragraph 10(6) of Schedule A1;

“section 12AA partnership return” has the meaning given by section 12AA(10A) of this Act;”;

(f) in the definition of “successor” after “delivered, a” insert “ section 12AA ”.