Schedules
SCHEDULE 2Transitionals and savings etc
Part 4Loss relief (other than share loss relief)
Reliefs for members of LLPs not to exceed contribution to the LLP
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1
The relief covered by section 59(4) includes relief given for a loss under section 338, 393A or 403 of ICTA.
2
In section 61—
a
the amounts of loss covered by subsection (1)(b) include amounts of loss which, as a result of section 118 of ICTA (as applied by section 118ZB of that Act), are not relieved under section 338, 393A or 403 of ICTA,
b
in subsections (3) and (4) references to section 61 include references to section 118ZD of ICTA, and
c
the relief covered by subsection (3)(b) includes relief under section 338, 393A or 403 of ICTA.