Paragraph 4

In subsection (4), for the words from “sum of” to the end, substitute

“lesser of—

(a)

the sum of—

(i)

the amount of the Northern Ireland Chapter 2 surrenderable loss multiplied by the relevant percentage, and

(ii)

the amount of the mainstream Chapter 2 surrenderable loss multiplied by the percentage specified in section 1058(1)(a) of CTA 2009, and

(b)

the amount given by section 1058(1A) of CTA 2009.”