Introduction Details of the Schedule Supplementary provisions and application – new section 196J and paragraph 2
52.New section 196J provides a number of definitions and other supplementary provisions for new sections 196B to 196I.
53.New section 196J(2) explains the references to relief being given in respect of a contribution paid by an employer under a registered pension scheme.
54.New section 196J(3) refers to the meaning of connected persons in section 1122 Corporation Tax Act (CTA) 2010.
55.New section 196J(4) explains the references to a SFA are to the definition of a type 1, type 2 or type 3 arrangement under Part 13 of the Income Tax Act (ITA) 2007 (for income tax purposes) or Part 16 of CTA 2010 (for corporation tax purposes).
56.New section 196J(5) provides that sections 774 (accounts), 775 (arrangements) and 776 (assets) of CTA 2010 apply to new sections 196B to 196I in the same way as they do for the purposes of Part 16 of CTA 2010.
57.Paragraph 2 make a consequential amendment to section 280(1) FA 2004 (abbreviations) by inserting a reference to CTA 2010.