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B is the rate per cent specified in section 21(1)(f);

452A Application of section 130 of Principal Act to certain non-yearly interest.

(b) interest to which subsection (2B) of section 130, subsection (2)(a), (3)(a) or (3A)(a) of section 452 or subsection (2) of section 845A applies;

“specified interest”, in relation to a qualifying company, means interest, payable by the company in the course of a trade referred to in the definition of “qualifying company”, which apart from this section, would be treated as a distribution by virtue only of section 130(2)(d)(iv);

(2) Section 130(2)(d)(iv) shall not apply to the deductible amount for a territory in respect of a qualifying company for an accounting period.

“territory” means a territory other than a relevant territory within the meaning of section 246.

(b) interest to which subsection (2B) of section 130, subsection (2)(a), (3)(a) or (3A)(a) of section 452 or subsection (2) of section 845A applies;

(b) interest to which subsection (2B) of section 130, subsection (2)(a), (3)(a) or (3A)(a) of section 452 or subsection (2) of section 845A applies;