SCHEDULES

SCHEDULE 11U.K.Extension of ring fence expenditure supplement

11U.K.In section 270 of CTA 2010 (overview of Part 8) omit subsection (5A).

12(1)Schedule 4 to CTA 2010 (index of defined expressions) is amended as follows.U.K.

(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”.

13(1)In Part 8 of CTA 2010, Chapter 5A (extended ring fence expenditure supplement for onshore activities) is repealed.U.K.

(2)Accordingly, section 69 of and Schedule 14 to FA 2014 are also repealed.