The provisions which set out in what circumstances - that is, subject to what conditions - a company may claim group relief for carried-forward amounts are contained in Part 5A, Ch. 3.

There are two legislative sections:

(1)Under the principal section, a claim for group relief for carried-forward losses for an accounting period (the ‘claim period’), in relation to the surrenderable amounts for the surrender period, may be made by a company (the ‘claimant company’) where:

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