# Finance Act 2019, Paragraph 42


If neither paragraph 40 nor paragraph 41 applies in relation to a post-activation period, the “adjusted activated TTH amount” for the purposes of paragraph 39 is—
(a) an amount equal to the closing balance of activated TTH for the immediately preceding accounting period, if it is greater than nil, or
(b) nil, if the closing balance of activated TTH for the immediately preceding accounting period is nil or a negative amount.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/15/paragraph/42 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-15/paragraph-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.