# Corporation Tax Act 2010, Paragraph 677


(1) Amend section 1153 (amount of unrelieved loss) as follows.
(2) In subsection (1)—
(a) in paragraph (a)—
(i) for “section 392A(1) of ICTA” substitute “ section 62(1) to (3) of CTA 2010 ”, and
(ii) for “section 393A(1)(a) of ICTA, to set the loss against” substitute “ section 37(3)(a) of CTA 2010, to deduct the loss from total ”,
(b) in paragraph (b) for “section 393A(1)(b) of ICTA (losses set against” substitute “ section 37(3)(b) of CTA 2010 (losses deducted from ”, and
(c) in paragraph (c) for “section 403(1) of ICTA” substitute “ Part 5 of CTA 2010 ”.
(3) In subsection (2)—
(a) in paragraph (a) for “section 392A(2) or 393(1) of ICTA” substitute “ section 45 or 62(5) of CTA 2010 ”, and
(b) in paragraph (b) for “section 393A(1)(b) of ICTA” substitute “ section 37(3)(b) of CTA 2010 ”.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/schedule/1/paragraph/677 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/schedule-1/paragraph-677
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.