Part 5Group relief

Chapter 4Claims for group relief

Surrenderable amounts under Chapter 3

135Group relief claims on amounts surrenderable under Chapter 3

1

This section applies in relation to the surrendering company's surrenderable amounts for the surrender period under Chapter 3.

2

A company (“the claimant company”) may make a claim for group relief for an accounting period (“the claim period”) in relation to those amounts (in whole or in part) if the following requirements are met.

  • Requirement 1

    The surrendering company consents to the claim.

  • Requirement 2

    There is a period (“the overlapping period”) that is common to the claim period and the surrender period.

  • Requirement 3

    The EEA group condition is met (see section 136) at a time during the overlapping period.

3

More than one company may make a claim for group relief in relation to any surrenderable amounts (but the giving of group relief in relation to any claim is subject to the provisions of this Chapter).