SCHEDULES
SCHEDULE 17Partnerships
PART 2Partnerships with mixed membership
14Commencement
1
2
3
The loss is to be apportioned between the part of the straddling period falling before 6 April 2014 and the part falling on or after that date—
a
on a time basis according to the respective lengths of those parts of the straddling period, or
b
if that method produces a result that is unjust or unreasonable, on a just and reasonable basis.