{
  "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1970-repealed-641992/section-174",
  "json_url": "https://openlegislation.uk/income-and-corporation-taxes-act-1970-repealed-641992/section-174.json",
  "legislation": "ukpga/1970/10",
  "legislation_title": "Income and Corporation Taxes Act 1970 (repealed 6.4.1992)",
  "legislation_url": "https://openlegislation.uk/income-and-corporation-taxes-act-1970-repealed-641992",
  "path": "section/174",
  "kind": "section",
  "number": "174",
  "heading": "Carry-back of terminal losses.",
  "text": "1)—(12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(13) Where a person occupying woodlands has elected to be charged to income tax in respect thereof under Schedule D, this section shall apply to a terminal loss sustained by him in the occupation of the woodlands as it applies to a terminal loss sustained in a trade.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Part VII to Part X (ss. 168–237) repealed (except for ss. 168(8), 169(10), 171(5) and 174(13)) by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31."
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Ss. 168(8), 169(10), 171(5) and 174(13) repealed (6.4.1993) by Finance Act 1988 (c. 39, SIF 63:1, 2), s. 148, Sch. 14 Pt. V."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1970/10/section/174",
    "retrieved_at": "2026-10-29T10:51:30.085904+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."
}