PART X LOSS RELIEF AND GROUP RELIEF

CHAPTER IV GROUP RELIEF

403ZC Amounts eligible for group relief: non-trading deficit on loan relationships.
(1) For the purposes of section 403 a non-trading deficit on its loan relationships means a deficit of the surrendering company to which section 83 of the Finance Act 1996 applies.
1996 c.8.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
S. 403ZC(2) repealed (with effect in accordance with s. 82(2) of the repealing Act) by Finance Act 2002 (c. 23), Sch. 25 para. 45, Sch. 40 Pt. 3(12), Note
Ss. 403-403ZE substituted for s. 403 (with effect in accordance with s. 38(2)(3) of the amending Act) by Finance Act 1998 (c. 36), Sch. 5 para. 29 (with Sch. 5 para. 73)