My bookmarksSign up free
Finance Act 2004

Finance Act 2004 s 19

s 19 The pool of qualifying E&A losses and the pool of non-qualifying losses

(1) For the purpose of determining the amount of any post-commencement supplement, a qualifying company shall be taken at all times in its post-commencement periods to have— (a) a continuing pool of the company’s non-qualifying losses (the “non-qualifying pool”), and (b) a continuing mixed pool of the company’s qualifying E&A losses and post-commencement supplement (the “qualifying pool”). (2) A pool continues even if the amount in it is nil.

Read this section in the full act → · Open its part →

Read the official text ↗

Contains public sector information licensed under the Open Government Licence v3.0.

What to look at next