# Finance Act 2022, Paragraph 7: Surrender of company’s losses for an accounting period

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

(1) Sub-paragraph (2) applies if—
(a) a surrendering company has an adjusted trading loss for a surrender period, and
(b) the company is part of a relief group.
(2) The surrendering company may surrender the loss.

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Source: https://www.legislation.gov.uk/ukpga/2022/3/schedule/7/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2022/schedule-7/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.