365 Reduction of impairment loss debits where group relief claimed
Corporation Tax Act 2009 (2009 c 4) | Legislation

365  Reduction of impairment loss debits where group relief claimed

(1)     This section applies for any group accounting period for which there is a net consortium debit.

(2)     For the purposes of this Chapter there is a net consortium debit for a group accounting period if—

(a)     the total of the impairment losses and release debits brought into account for that period in respect of relevant consortium creditor relationships by—

(i)     the member company, and

(ii)

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