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Finance Act 1997

Finance Act 1997 Sch 17 para 5

Sch 17 para 5

(1) In paragraph (a) of subsection (1) of section 164I (meaning of “ qualifying trade ”), after “complies with the requirements of this section” there shall be inserted “ and is carried on wholly or mainly in the United Kingdom ” . (2) In paragraph (b) of that subsection— (a) after the words “the carrying on” (where they first occur) there shall be inserted “ , wholly or mainly in the United Kingdom, ” ; and (b) after “complying with those requirements” there shall be inserted “ , and to be carried on wholly or mainly in the United Kingdom, ” .

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