# Finance Act 1998, Paragraph 70

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

(1) In accordance with Requirement 1 in section 130(2), 135(2), 188CB(3) or (as the case may be) 188CC(3) of the Corporation Tax Act 2010, a claim requires the consent of the surrendering company.
(2) A consortium claim also requires the consent of each member of the consortium.
(3) The necessary consent or consents must be given—
(a) by notice in writing,
(b) to the officer of the Board to whom the surrendering company makes its company tax returns,
(c) at or before the time the claim is made.
Otherwise the claim is ineffective.
(4) A claim ... is ineffective unless it is accompanied by a copy of the notice of consent to surrender given by the surrendering company.
(5) A consortium claim is ineffective unless it is also accompanied by a copy of the notice of consent to surrender given by each member of the consortium.
(6) In this paragraph “consortium claim” means—
(a) a claim for group relief under Part 5 of the Corporation Tax Act 2010 based on consortium condition 1, 2 or 3 (see Requirement 3 in section 130(2) of that Act),
(b) a claim for group relief for carried-forward losses under section 188CB of that Act based on consortium condition 1 or 2 (see Requirement 3 in that section), and
(c) a claim for group relief for carried-forward losses under section 188CC of that Act based on consortium condition 3 or 4 (see Requirement 3 in that section).

---
Source: https://www.legislation.gov.uk/ukpga/1998/36/schedule/18/paragraph/70 (the official version)
Page: https://openlegislation.uk/finance-act-1998/schedule-18/paragraph-70
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.