SCHEDULES

SCHEDULE 4 U.K.Relief for carried-forward losses

PART 2 U.K.Restriction on deductions in respect of carried-forward losses

22 (1) Section 269CN (definitions for the purposes of Part 7A) is amended as follows. U.K.

(2) In the definition of “relevant non-trading profits” for the words from “means” to the end substitute “ has the meaning given by section 269ZF(2) ”.

(3) In the definition of “relevant profits” for the words from “means” to the end substitute “ has the meaning given by section 269ZD(5) ”.

(4) In the definition of “relevant trading profits” for the words from “means” to the end substitute “ has the meaning given by section 269ZF(1) ”.