SCHEDULES

SCHEDULE 4Relief for carried-forward losses

PART 11Minor and consequential amendments

TIOPA 2010

177

In section 55 (double taxation relief by way of credit: current year's non-trading deficits on loan relationships)—

a

in subsection (4)(b), after “459(1)(a)” insert “ or 463B(1)(a) ”, and

b

in subsection (5), for “or 459(1)(a)” substitute “ , 459(1)(a) or 463B(1)(a) ”.