Amendments made: 116, in schedule 9, page 330, line 30, at end insert—

“1A In section 357B (meaning of “qualifying company”), in subsection (3)(b)(ii), for “section 357A” substitute “section 357A(1)”.”

Amendment 117, in schedule 9, page 331, line 20, at end insert—

“( ) In subsection (6), in paragraph (a)(ii) of the definition of “relevant accounting period”, for “section 357A” substitute “section 357A(1)”.”

Amendment 118, in schedule 9, page 331, line 24, leave out paragraph 9 and insert—

“9 (1) Section 357CL (companies eligible to elect for small claims treatment) is amended as follows.

(2) In subsection (1) for “elect” substitute “make an election under this section”.

(3) In subsection (6) for “section 357A” substitute “section 357A(1)”.”

Amendment 119, in schedule 9, page 332, line 16, at end insert—

“13A In section 357EB (allocation of set-off amount within a group) in subsection (3)(a) for “section 357A” substitute “section 357A(1)”.

13B In section 357ED (company ceasing to carry on trade etc) in subsection (2)(c) for “section 357A” substitute “section 357A(1)”.”

Amendment 120, in schedule 9, page 332, line 18, at end insert—

“14A In section 357FB (tax advantage schemes) in subsection (4)(b) for “section 357A” substitute “section 357A(1)”.

14B (1) Section 357G (making an election under section 357A) is amended as follows.

(2) In the heading, for “section 357A” substitute “section 357A(1) or (11)(b)”.

(3) In subsection (1) for “section 357A” substitute “section 357A(1) or (11)(b)”.

14C (1) Section 357GA (revocation of election made under section 357A) is amended as follows.

(2) In the heading, for “section 357A” substitute “section 357A(1)”.

(3) In subsection (1) for “section 357A” substitute “section 357A(1)”.

(4) In subsection (5) for “section 357A” substitute “section 357A(1)”.”

Amendment 121, in schedule 9, page 332, line 28, at end insert—

“16A In section 357GE (other interpretation), in subsection (1), at the appropriate place insert—

“payment” includes payment in money’s worth,”.”—

Schedule 9, as amended, agreed to.

Clause 61