Section 357JHA | Availability of relief ^F1F2

(1)The reference in section 188BB(1)(a) (group relief for carried-forward losses: surrendering of carried-forward losses and other amounts) to a loss carried forward to an accounting period of a company under section 45A(4) is, where a company has Northern Ireland losses or mainstream losses carried forward to an accounting period under that section, a reference to those Northern Ireland losses or mainstream losses.^F1F2

(2)Where—^F1F2

(a)a company makes a claim for group relief for carried-forward losses under Part 5A in relation to a surrenderable amount that is a Northern Ireland loss, and^F1F2

(b)the profits against which the relief is claimed include some profits that are Northern Ireland profits and some that are not,^F1F2

the relief in relation to that surrenderable amount is given first, so far as possible, against the Northern Ireland profits.

(3)Where—^F1F2

(a)a company makes a claim for group relief for carried-forward losses under Part 5A in relation to a surrenderable amount that is not a Northern Ireland loss, and^F1F2

(b)the profits against which the relief is claimed include some profits that are Northern Ireland profits and some that are not,^F1F2

the relief in relation to that surrenderable amount is given first, so far as possible, against the profits that are not Northern Ireland profits.