Consolidation Reference Manual
The Consolidation reference manual was last updated on 15 July 2011. It does not contain any changes to consolidation legislation that has occurred since that time and will not be updated in future. It cannot be relied on for currency of content. For any future consolidation changes, you will be able to access information from our
consolidation home page
or by visiting our
'New legislation'
page.
You can still refer to the Consolidation reference manual for consolidation information that has not been impacted by changes in the legislation.
You can still refer to the Consolidation reference manual for consolidation information that has not been impacted by changes in the legislation.
C3 Losses
C3-0 About this section
Section C3 provides technical detail on the process of transferring and using losses. It comprises:
- •
- a technical introduction to the treatment of losses under consolidation
- •
- a high-level worked example of the loss transfer and utilisation process
- •
- a series of smaller, more detailed worked examples describing the different tests, calculations and scenarios that may arise.
For a brief description of the consolidation loss provisions see Part B of the Consolidation Reference Manual ( → 'Transferring and using losses', B2-3).
Current at 15 April 2010