SCHEDULES

SCHEDULE 4Restrictions on trade loss relief for partners

Consequential amendments

7

1

Section 102 (overview of Chapter 3 of Part 4) is amended as follows.

2

In subsection (1)—

a

in paragraph (a), for “104 to 106 and section 114)” substitute “ 103A, 103C to 105, 113A and 114) ”,

b

in paragraph (b), for “107 to 109 and section 114)” substitute “ 103C, 103D, 107 to 109, 113A and 114) ”, and

c

in paragraph (c), for “in an early tax year (see sections 110 to 114)” substitute “ (see sections 103B to 103D and 110 to 114) ”.

3

In subsection (2), for “sections 115 and 116” substitute “ section 115 ”.