Part 4Loss relief
Chapter 2Trade losses
Carry forward of trade loss relief
47F1Registered societies
1
This section applies for the purposes of section 45 if the company carrying on the trade is a F2registered society .
2
The following amounts may be brought into account in calculating the profits of the trade—
a
amounts to which the charge to corporation tax on income applies under section 299 of CTA 2009 (charge to tax on non-trading profits from loan relationships), and
b
amounts arising from possessions out of the United Kingdom to which the charge to corporation tax on income applies under section 933 of CTA 2009 (dividends of non-UK resident company) or under section 974 of that Act (income arising from foreign holdings).