Finance Act 2016 (c. 24)

SCHEDULES

SCHEDULE 9 U.K. Profits from the exploitation of patents etc: consequential

24 U.K. In Schedule 4 (index of defined expressions)—

(a) for the entry for “finance income (in Part 8A)” substitute—

“finance income (in Part 8A)

section 357BG”,

(b) after the entry for “new consideration (in Part 23)” insert—

“new entrant (in Part 8A)

section 357A(11)”,

(c) in the entry for “qualifying residual profit of a trade (in Part 8A)”, in the left hand column, after “in” insert “ Chapters 3 and 4 of ”, and

(d) for the entry for “relevant IP income (in Part 8A)” substitute—

“relevant IP income (in Part 8A)

section 357BH”.