Paragraph 147

(1)

Section 17 (interpretation of Chapter 4 of Part 2) is amended as follows.

(2)

In subsection (2) (meaning of “carried-back amount”)—

(a)

after paragraph (a) insert—

“(aa)
an amount carried back under section 45F (relief for terminal trade losses),”, and

(b)

in paragraph (c) after “459(1)(b)” insert “ or 463B(1)(b) ”.

(3)

In subsection (3) (meaning of “carried-forward amount”)—

(a)

in paragraph (a) after “forward of” insert “ pre-1 April 2017 ”,

(b)

after paragraph (a) insert—

“(aa)
an amount carried forward under section 45A (carry forward of post 1-April 2017 trade loss against total profits),
(ab)
an amount carried forward under section 45B (carry forward of post-1 April 2017 trade loss against subsequent trade profits),”, and

(c)

in paragraph (i) after “457(3)” insert “ , 463G(6) or 463H(4) ”.