Where allowances exceed the income from special leasing, either as a whole or from one qualifying activity solely (where deduction is restricted to that activity because the lessee has non-qualifying use), then (subject to what is said below) the excess must be carried forward for set-off against income from special leasing (again either generally or specifically, as the case may be) of subsequent accounting periods (CAA 2001, s. 260(1), (2)).

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