Section 356JB | Other definitions

In this Chapter (except where otherwise specified)—

“adjusted ring fence profits”, in relation to a company and an accounting period, is to be read in accordance with section 330ZA;

“cumulative total amount of activated allowance” has the meaning given by section 356D(2);

“licence” has the same meaning as in Part 1 of OTA 1975 (see section 12(1) of that Act);

“licensed area” has the same meaning as in Part 1 of OTA 1975;

“licensee” has the same meaning as in Part 1 of OTA 1975;

“onshore allowance” has the meaning given by section 356C(5);

“relevant income”, in relation to an onshore site and an accounting period, has the meaning given by section 356E(3);

“site” has the meaning given by section 356BC.