Amendments of the Tax Credits (Definition and Calculation of Income) Regulations 2002
This section has no associated Explanatory Memorandum
6.—(1) Regulation 11(1) (property income) shall be amended as follows.
(2) In paragraph (3)—
(a)for “of section 379A of the Taxes Act” substitute “contained in sections 118 (carry forward against subsequent property business profits) and 119 (how relief works) of ITA” ; and
(b)for the words “subsection (1) of that section” substitute “those sections”.
(1)
Regulation 11 was amended by S.I. 2003/2815 and 2006/766.