Part 4 Loss relief

Chapter 2 Trade losses

Restrictions on sideways relief for certain capital allowances

79 Capital allowances restrictions: supplementary

(1) If relief is given in a case to which section 75 or 76 applies, the relief is withdrawn by the making of an assessment to income tax under this section.

(2) Expressions which are used—

(a) in any of sections 75 to 78, and

(b) in Part 2 of CAA 2001,

have the same meaning in those sections as in that Part.