Part 22Miscellaneous provisions
Chapter 1Transfers of trade without a change of ownership
Effect of Chapter in relation to transfers to which it applies
943AF1Disapplication of section 39
If this Chapter applies to a transfer of a trade, section 39 (terminal losses: extension of periods for which relief may be given) does not apply in relation to a claim under section 37 by the predecessor for relief for a loss made in the transferred trade.