Introduction Background
27.This section is one of two preventing loss buying introduced by this Act.
28.The section uses the term “qualifying change” as defined in Section 212C of Chapter 16A of Part 2 CAA 2001
29.Section 212C CAA2001 defines a qualifying change in relation to a company as -
	A change in ownership of a company,
	When a company becomes a member of a group
	When a company moves from a group into a consortium.
	When a consortium member increases it ownership of a consortium company.
	Where C ceases to carry on the whole or part of an activity and the activity (or part of it) begins to be carried on in partnership by two or more companies.
	When a partner increases its share in a partnership that is carrying out an activity