# Finance Act 2020, Paragraph 41


In section 93 of FA 2012 (minimum profits test), at the end insert—
“(6) For the purposes of this section, assume that non-BLAGAB allowable losses cannot be deducted to any extent from BLAGAB chargeable gains (and, accordingly, assume that section 95 is not included in this Act).”

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Source: https://www.legislation.gov.uk/ukpga/2020/14/schedule/4/paragraph/41 (the official version)
Page: https://openlegislation.uk/finance-act-2020/schedule-4/paragraph-41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.