s 99 The monetary limit
(1) The monetary limit in the case of a chargeable period of 12 months is £100,000. (2) If, in the case of an individual or partnership, the chargeable period is longer or shorter than 12 months, the monetary limit is the amount given by a proportional increase or reduction of £100,000. (3) If, in the case of a company, the chargeable period is shorter than 12 months, the monetary limit is the amount given by a proportional reduction of £100,000. (4) If, in a chargeable period, a company has one or more associated companies , the monetary limit for that period is— where— L is the monetary limit applicable under subsection (1) or (3), and N is the number of associated companies. (4A) The rules in Part 3A of CTA 2010 (see sections 18E to 18J) which apply for determining whether a company is another company's associated company in an accounting period for the purposes of section 18D of that Act apply for the purposes of subsection (4). (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .