30In section 676BC (disallowance of relief for trade losses)—
(a)in subsection (1) omit “by the company”,
(b)in subsection (4), in the words before paragraph (a), after “made” insert “by the company”, and
(c)after subsection (4) insert—
“(5)A loss made by another company (“the predecessor company”) in an accounting period beginning before the change in ownership may not be deducted as a result of section 45A, 45F or 303C (as applied by Chapter 1 of Part 22 (transfers of trades)) from so much of the total profits of an accounting period of the company ending after the change in ownership as represents the relevant gain.”