SCHEDULES

SCHEDULE 4Relief for carried-forward losses

PART 5Carrying forward trade losses in certain creative industries

41Losses of theatrical trade

1

Section 1217MB (use of losses in the completion period) is amended as follows.

2

In subsection (1) after “45” insert “or 45B”.

3

In subsection (2) for “loss relief” substitute “section 37 and Part 5 of CTA 2010”.