SCHEDULES
SCHEDULE 4Relief for carried-forward losses
PART 8Transferred trades
64
(1)
Section 944 (modified application of Chapter 2 of Part 4) is amended as follows.
(2)
In the heading for “Chapter 2 of Part 4” substitute “section 45”.
(3)
Omit subsections (1) and (2).
(4)
In subsection (3)—
(a)
for “Relief” substitute “If this Chapter applies to a transfer of a trade, relief”, and
(b)
after “carry forward of” insert “pre-1 April 2017”.
(5)
In subsection (4) after paragraph (a) insert—
“(ab)
any claim made by the predecessor under section 45F in reliance on subsection (2) of section 944C,”.