# Corporation Tax Act 2010, Section 357JI: Transfers of trade without a change of ownership

Extent: E+W+S+N.I.

(1) This section applies where—
(a) Chapter 1 of Part 22 (transfers of trade without a change of ownership) applies to the transfer of a trade, and
(b) a loss made by the predecessor in the transferred trade is a Northern Ireland loss or a mainstream loss.
(2) Sections 943A to 944C (which modify the application of Chapter 2 of Part 4) have effect as if the references in those sections to a loss made by the predecessor in the transferred trade were to the Northern Ireland loss or mainstream loss.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/357JI (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-357JI
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.