Section 357XH — Corporation Tax Act 2010: Power to amend definition of “excluded trade” or “excluded activity”

Power to amend definition of “excluded trade” or “excluded activity” 357XH 1 The Treasury may by regulations amend this Chapter so as to alter the meaning of “excluded trade” or “ excluded activity ” for the purposes of this Part.

2 Regulations under this section may only be made if a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, the House of Commons.

3 Regulations under this section—

a may make different provision for different purposes;

b may make incidental, supplemental, consequential and transitional provision and savings.