# Finance (No. 2) Act 2017, Paragraph 55


In section 328A (adjustment of pool to remove pre-2013 losses after the initial 6 periods) in subsection (11)—
(a) in paragraph (a) for the words from the beginning to “a loss” substitute “ no account is to be taken of a loss in determining under section 327(4) the relevant amount for a post-commencement period ”, and
(b) in paragraph (b) for the words from “ring fence losses” to the end substitute “ any such profits are reduced by the use under section 45, 45B, 303B, 303C and 303D of ring fence losses that are not represented by the reduction ”.

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Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/4/paragraph/55 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-4/paragraph-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.