The Research and Development (Prescribed Activities) Regulations 2000

• Citation: S.I. 2000/2081
• Sections: 3

Section 1 Citation and commencement

These Regulations may be cited as the Research and Development (Prescribed Activities) Regulations 2000 and shall come into force on 21st August 2000.

Section 2 Interpretation

In these Regulations—

“the Guidelines” means the “Guidelines on the Meaning of Research and Development (R&D) for Tax Purposes” which were issued for the purposes of section 837A by the Secretary of State for the Department of Trade and Industry on 28th July 2000 ;

“section 837A” means section 837A of the Income and Corporation Taxes Act 1988.

Section 3 Prescribed activities

(1) The activities prescribed by paragraph (2) of this regulation are not “ research and development” for the purposes of section 837A and the activities prescribed by paragraph (3) of this regulation are “research and development ” for those purposes.

(2) The activities prescribed by this paragraph are activities that fall to be treated as not being research and development in accordance with the Guidelines.

(3) The activities prescribed by this paragraph are activities that fall to be treated as research and development in accordance with the Guidelines.