“Transferred profits amount” and “activated transferred profits amount”
107(1)References to the “transferred profits amount” for an accounting period of the seller are references to the amount representing the seller’s ring fence profits for that period which forms part of the total TTH amount.
(2)See paragraph 45 for provision about references to the “transferred profits amount” for a pre-acquisition accounting period of the purchaser.
(3)See paragraph 25(4) for provision about the meaning of “activated transferred profits amount”.