SCHEDULES

SCHEDULE 10Corporation tax relief for carried-forward losses

23Group relief for carried-forward losses

In section 188BG(3) (types of loss that may not be surrendered by a Solvency 2 insurance company)—

a

omit “or” at the end of paragraph (b), and

b

after paragraph (c) insert

or

d

a BLAGAB trade loss carried forward to the surrender period under section 124A(2) or 124C(3) of FA 2012,