{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-944",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-944.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/944",
  "kind": "section",
  "number": "944",
  "heading": "Modified application of section 45",
  "text": "(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) If this Chapter applies to a transfer of a trade, relief under section 45 (carry forward of pre-1 April 2017 trade loss against subsequent trade profits) is given to the successor in relation to a loss—\n(a) which is made by the predecessor in the transferred trade, and\n(b) for which relief would have been given under that section to the predecessor had it continued to carry on that trade.\n(4) Subsection (3) is subject to—\n(a) any claim made by the predecessor under section 37 (including a case where section 42 applies), and\n(ab) any claim made by the predecessor under section 45F in reliance on subsection (2) of section 944C,\n(b) section 945.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 944(1)(2) omitted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by virtue of Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 64(3)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 944(3) substituted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 64(4)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 944(3) inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 64(4)(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "S. 944(4)(ab) inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 64(5)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 944 heading substituted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 64(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/944",
    "retrieved_at": "2026-10-29T09:10:29.433154+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}