Part 5Group relief
Chapter 2Surrender of company's losses etc for an accounting period
Restrictions on losses and other amounts that may be surrendered
110Restriction on surrender of losses etc from alternative finance arrangements
(1)
This section applies if the surrendering company is prevented from obtaining a deduction in respect of an amount by section 520 of CTA 2009 (provision not at arm's length: non-deductibility of relevant return).
(2)
The amount may not be surrendered under this Chapter.