Finance Act 2004
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Amendment of First Schedule to Principal Act. |
64.—The First Schedule to the Principal Act is amended— | |
(a) in paragraph (i)(g) (as substituted by the Finance Act 1991 )— | ||
(i) by substituting “the management of an undertaking specified in one of the following clauses, and such management may comprise any of the three functions listed in Annex II to Directive 2001/107/EC of the European Parliament and Council (being the functions included in the activity of collective portfolio management) where those functions are supplied by the person with responsibility for the provision of the functions concerned in respect of the undertaking, and which is—” for “the management of an undertaking which is—”, | ||
(ii) in clause (IV) by substituting “this subparagraph apply, or” for “this subparagraph apply;”, and | ||
(iii) by inserting the following after clause (IV): | ||
“(V) an undertaking which is a qualifying company for the purposes of section 110 of the Taxes Consolidation Act 1997 ;”, | ||
(b) in paragraph (xxv)(b) by substituting “the school;” for “the school.”, and | ||
(c) by inserting the following after paragraph (xxv): | ||
“(xxvi) the importation of gas through the natural gas distribution system, or the importation of electricity.”. |