[463H Carry forward of unrelieved deficit against non-trading profits]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[463H  Carry forward of unrelieved deficit against non-trading profits]

[(1)     Subsections (4) to (8) apply if—

(a)     section 463G would apply but for the fact that the company's investment business became small or negligible in the accounting period mentioned in subsection (3)(b) of that section,

(b)     section 463G would apply but for condition D in that section (no carry-forward to an excluded accounting period of a general insurance company), or

(c)     the company is a Solvency 2 insurance company and any amount of the deficit would be eligible to be carried forward under section 463G(6) were that amount not a shock loss (see section 463G(4), (12) and (13)).

(2)     Subsections (4) to (8) also apply if—

(a)     subsections (6) to (10) of section 463G would apply but for the fact

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