Section 269CN | Other definitions

In this Chapter—

“banking company” has the meaning given by section 269B;

“building society” has the same meaning as in the Building Societies Act 1986 except that it also includes a bank established under the Savings Bank (Scotland) Act 1819;

“company tax return” has the same meaning as in Schedule 18 to FA 1998;

“group” has the meaning given by section 269BD;

“HMRC” means Her Majesty's Revenue and Customs;

“partnership” includes—and “member”, in relation to a partnership, is to be read accordingly;

(a)a limited liability partnership, and

(b)an entity established under the law of a territory outside the United Kingdom of a similar character to a partnership,

“pre-2015 carried-forward management expenses” has the meaning given by section 269CC(4);

“pre-2015 carried-forward non-trading deficit” has the meaning given by section 269CB(4);

“pre-2015 carried-forward trading loss” has the meaning given by section 269CA(4);

“relevant carried-forward loss” means—

(a)a pre-2015 carried-forward trading loss,

(b)a pre-2015 carried-forward non-trading deficit, or

(c)any pre-2015 carried-forward management expenses;

“relevant profits”, in relation to a company, has the meaning given by section 269ZFA ;

“relevant regulated activity” has the meaning given by section 269BB;

“relevant trading profits”, in relation to a company, has the meaning given by section 269ZF(1);

“start-up period”, in relation to a company, has the meaning given by section 269CG.

“total relevant non-trading profits”, in relation to a company, has the meaning given by section 269ZF(2B).