SCHEDULES

SCHEDULE 4Relief for carried-forward losses

PART 5Carrying forward trade losses in certain creative industries

Losses of theatrical trade

41(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”.