Section 141 — Corporation Tax Act 2010: Sections 139 and 140: supplementary

Sections 139 and 140: supplementary 141 1 If two or more claims for group relief are made at the same time, for the purposes of sections 139 and 140 treat the claims as made—

a in such order as the company making them may elect or the companies making them may jointly elect, or b if no such election is made, in such order as an officer of Revenue and Customs may direct.

2 For the purposes of Step 3 in subsection (5) of each of sections 139 and 140 the amount of group relief given on a prior claim is determined on the basis that relief is given on the claim before it is given on any later claim.

3 If the use of the proportion mentioned in section 139(2) or (6), or in section 140(2) or (6), would, in the circumstances of a particular case, produce a result that is unjust or unreasonable, the proportion is to be modified so far as necessary to produce a result that is just and reasonable.