Corporation Tax Act 2010

669 (1) Amend section 1056 (amount of unrelieved trading loss) as follows. U.K.

(2) In subsection (2)—

(a) in paragraph (a) for “section 393A(1)(a) of ICTA to set the loss against” substitute “ section 37(3)(a) of CTA 2010 to deduct the loss from total ”,

(b) in paragraph (b) for “section 393A(1)(b) or 393B(3) of that Act (losses set against” substitute “ section 37(3)(b) or 42 of CTA 2010 (losses deducted from ”, and

(c) in paragraph (c) for “section 403(1) of that Act” substitute “ Part 5 of CTA 2010 ”.

(3) In subsection (3)—

(a) in paragraph (a) for “section 393(1) of ICTA” substitute “ section 45 of CTA 2010 ”, and

(b) in paragraph (b) for “section 393A(1)(b) or 393B(3)” substitute “ section 37(3)(b) or 42 ”.