55 Current year's non-trading deficits on loan relationships
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

55  Current year's non-trading deficits on loan relationships

(1)     Subsection (5) applies for the purposes of section 42 if conditions A and B are met.

(2)     Condition A is that the company—

(a)     has no non-trading credits for the period, or

(b)     has non-trading credits for the period but none of those

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