Paragraph 173

(1)

Section 888 (restrictions on leasing partnership losses) is amended as follows.

(2)

In subsection (3) after “37” insert “ or 45A ”.

(3)

In subsection (4)—

(a)

after “set off” insert

“— ”, and
(a)

(b)

at the end insert

“, or
(b)
by way of group relief for carried-forward losses in accordance with Chapter 2 of Part 5A (surrender of company's carried-forward losses etc)”.

(4)

In subsection (6) in the definition of “relevant loss relief provision”—

(a)

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

(b)

after that paragraph insert—

“(ab)
section 45B (carry forward of post-1 April 2017 trade loss against subsequent trade profits),”.