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18In section 13AB and this Schedule—
“basic profits” means the amount of a company’s profits for an accounting period on which corporation tax finally falls to be borne;
“corresponding accounting period”, in relation to a recipient company, has the meaning given by paragraph 8;
“distributing company” has the meaning given by paragraph 6(1);
“distribution” does not include an amount treated as a dividend under paragraph 2(2) of Schedule 23A (manufactured dividends and interest);
“distribution period” has the meaning given by paragraph 6(1); and
“excess NCDs” has the meaning given by paragraph 6(2);
“group” has the meaning given by paragraph 14 (and references to a group company and membership of a group have a corresponding meaning);
“non-corporate distribution” has the meaning given by paragraph 2;
“recipient company” has the meaning given by paragraph 6(3);
“underlying rate of corporation tax” has the meaning given by paragraph 3.
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