SCHEDULES

SCHEDULE 4Relief for carried-forward losses

PART 11Minor and consequential amendments

FA 2012

189In section 127 (no relief against policyholders’ share of I-E profit), in subsection (3)—

(a)before paragraph (a) insert—

(za)relief under section 124B (relief of excess carried-forward BLAGAB trade losses against total profits),;

(b)after paragraph (c) insert—

(ca)relief under Chapter 3 of Part 5A of CTA 2010 (group relief for carried-forward losses),.