A part-payment of rent is carried forward under CTA 2010, s. 840 if it is disallowed under s. 838 (see ¶712-575) and if there is one or more subsequent payment. The subsequent payment must be made by the transferor, or a person associated with the transferor, and be under the lease or other transaction which was caught by the section. The part-payment, which is carried forward, is treated as if it was made when the next subsequent payment was made, and as if it was made for the period for which that subsequent payment was made.

Example

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