Version Superseded: 12/02/2019
Point in time view as at 15/09/2016. This version of this provision has been superseded.
Taxation of Chargeable Gains Act 1992, Section 188E is up to date with all changes known to be in force on or before 07 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Relief is not to be given under this Act more than once in respect of a group loss or any part of a group loss.
(2)Relief is not to be given under this Act in respect of a group loss if, and so far as, relief has been or may be given in respect of it under the Tax Acts.
(3)No relief is to be given otherwise than in accordance with this section for group losses.
(4)In this section “group loss” means an NRCGT loss accruing to a member of an NRCGT group.]
Textual Amendments
F1Ss. 188A-188K and cross-heading inserted (with effect in accordance with Sch. 7 para. 60 of the amending Act) by Finance Act 2015 (c. 11), Sch. 7 para. 30
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