1. The Taxes Consolidation Act 1997 is amended in accordance with the following provisions:
(a) in section 21A -
(i) in subsection (1) by inserting the following after subsection (4):
"(4A) In subsection (4) 'income from the sale of goods', in relation to an accounting period in the course of a trade carried on by a company, means such income as would be 'the income from the sale of those goods' in such a period in the course of the trade for the purposes of a claim under section 448(2), if -
(i) the company had sufficient profits, and
(ii) the company made a claim for relief under this Part.",
and
(ii) in subsection (4)(a) by deleting "within the meaning of section 454",
(b) in section 243B -
(i) in subsection (1) by substituting the following for the definition of "charges on income paid for the purposes of the sale of goods":
"'charges on income paid for the purpose of the sale of goods', in relation to the course of a trade in an accounting period, means such amount as
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