Sch 15 para 51
(1) To determine the “reduced ARFP amount” for a pre-acquisition accounting period— (a) take the activated ARFP amount for the period, and (b) reduce that amount by the amount applied, in relation to the loss period mentioned in paragraph 26(1), in accordance with paragraph 25(2)(b) or (3)(b) for the pre-acquisition accounting period. (2) This paragraph is subject to paragraph 52.