Yn ddilys o 17/07/2014
Post-commencement relief for unrelieved pre-commencement lossesU.K.
6(1)In this paragraph “new accounting period” means an accounting period beginning on or after 1 December 2014.U.K.
(2)Where under section 5 or 5AA(3) of BGDA 1981 a person has a negative amount of net stake receipts for an accounting period ending on 30 November 2014 in respect of bets to which section 2(1) of BGDA 1981 applies, the amount may be carried forward in reduction of the person's profits on general bets for one or more new accounting periods.
(3)Where under section 5 or 5AA(3) of BGDA 1981 a person has a negative amount of net stake receipts for an accounting period ending on 30 November 2014 in respect of bets—
(a)to which section 3(1) of BGDA 1981 applies, and
(b)which are financial spread bets for the purposes of section 3 of BGDA 1981,
the amount may be carried forward in reduction of the person's profits on financial spread bets for one or more new accounting periods.
(4)Where under section 5 or 5AA(3) of BGDA 1981 a person has a negative amount of net stake receipts for an accounting period ending on 30 November 2014 in respect of bets—
(a)to which section 3(1) of BGDA 1981 applies, and
(b)which are not financial spread bets for the purposes of section 3 of BGDA 1981,
the amount may be carried forward in reduction of the person's profits on non-financial spread bets for one or more new accounting periods.
(5)Where under section 5 or 5AA(3) of BGDA 1981 a person has a negative amount of net stake receipts for an accounting period ending on 30 November 2014 in respect of bets by way of pool betting to which section 4(1) of BGDA 1981 applies, the amount may be carried forward in reduction of the person's profits on Chapter 1 pool bets for one or more new accounting periods.
(6)Where under section 7ZA(3) or 7A of BGDA 1981 a person has a negative amount of net pool betting receipts for an accounting period ending on 30 November 2014, the amount may be carried forward in reduction of the person's profits on Chapter 2 pool bets for one or more new accounting periods.
(7)Where the amount of a person's remote gaming profits (see section 26C(2) of BGDA 1981) for an accounting period ending on or before 30 November 2014 is a negative amount then that amount, so far as it has not been carried forward under section 26G of BGDA 1981 in reduction of the profits of one or more later accounting periods ending on or before 30 November 2014, may be carried forward in reduction of the person's profits on remote gaming (see section 155(4) of this Act) for one or more new accounting periods.