SCHEDULES

SCHEDULE 10 U.K.Corporation tax relief for carried-forward losses

Transferred trades U.K.

28 U.K.In section 676 (disallowance of trading loss on change in ownership of company: company reconstructions)—

(a) in subsection (2) for the words from “section 944(3)” to “successor company)” substitute “ Chapter 1 of Part 22 ”,

(b) in subsection (4)(a) after “45” insert “ , 45A, 45B, 303B, 303C or 303D ”, and

(c) in subsection (4)(b) for “944(3)” substitute “ Chapter 1 of Part 22 ”.