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Paragraph 72

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The Inland Revenue shall make any adjustment of corporation tax required as a result of—

(a)

loss relief being obtained in respect of an allowable loss, or

(b)

loss relief not being obtained for the whole or part of a loss in respect of which a claim is made under this Part,

whether by way of assessment, discharge or repayment of tax.