29(1)The amounts of loss covered by section 109(1)(b) include amounts of loss which, as a result of section 117 of ICTA (as applied by section 118ZB of that Act), are not—U.K.
(a)relieved under section 380 or 381 of ICTA, or
(b)treated as an allowable loss by virtue of section 72 of FA 1991.
(2)In section 109(3)—
(a)references to section 109 include references to section 118ZD of ICTA,
(b)references to sideways relief include references to relief under section 380 or 381 of ICTA, and
(c)references to capital gains relief include references to the treatment of a loss as an allowable loss by virtue of section 72 of FA 1991.