Finance Act 2022

Income Tax Act 2007

59(1)Section 795 (meaning of “post-1 December 2004 loss”) is amended as follows.

(2)In subsection (1), in each of paragraphs (a) and (b), omit “the basis period for”.

(3)In subsection (2)(b), omit “the basis period for”.

(4)Omit subsection (4).