{
  "url": "https://openlegislation.uk/finance-no-2-act-2017/schedule-4/paragraph-5",
  "json_url": "https://openlegislation.uk/finance-no-2-act-2017/schedule-4/paragraph-5.json",
  "legislation": "ukpga/2017/32",
  "legislation_title": "Finance (No. 2) Act 2017",
  "legislation_url": "https://openlegislation.uk/finance-no-2-act-2017",
  "path": "schedule/4/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) Section 753 of CTA 2009 (treatment of non-trading loss) is amended as follows.\n(2) In subsection (3) (carry forward of non-trading loss)—\n(a) in the words before paragraph (a), after “not” insert “ , in any period (“the reference period”) ”;\n(b) in the words after paragraph (b) for “debit of” substitute “ loss on intangible fixed assets for ”.\n(3) After subsection (3) insert—\n“(4) But subsection (3) does not apply if the company ceased to be a company with investment business in the reference period.\n(5) In the application of subsection (3) to an amount of a loss previously carried forward under that subsection, the reference in paragraph (b) to group relief under Part 5 of CTA 2010 is to be read as a reference to group relief for carried-forward losses under Part 5A of that Act.\n(6) In this section “company with investment business” has the same meaning as in Part 16 (see section 1218B).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2017/32/schedule/4/paragraph/5",
    "retrieved_at": "2026-10-29T09:05:16.335265+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}