Sch 5 para 13
In section 19 (chargeable profits) for subsection (2A) substitute— (2A) But the company's “chargeable profits” do not include— (a) profits of a trade of dealing in or developing UK land (see section 5B), (b) profits of a UK property business, (c) profits consisting of other UK property income, or (d) profits arising from loan relationships or derivative contracts that the company is a party to for the purposes of its UK property business or for the purposes of enabling it to generate other UK property income.