SCHEDULES

SCHEDULE 2Transitionals and savings

Part 5Losses (except losses on disposal of shares)

Post-cessation trade loss relief and post-cessation property relief

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The events covered by section 98(5) (including as applied by section 125(6)(b)) include events—

(a)

which occur before the tax year 2007-08, and

(b)

in relation to which no claim is made under section 109A of ICTA.