Income Tax Act (Cap. 123), article 20

20. (1) Relief shall not be given more than once, whether by giving group relief and by giving some other relief (in respect of any year of assessment) to the surrendering company, or by givi ng group relief more th an once, in respect of the same amount. (2) In accordance with the provisi ons of sub-article (1), two or more claimant companies cannot, in respect of any one loss, obt ain in total more relief than could be obtained by a single claiman t company. Claims and adjustment. Added by: XVII. 1994.13. Amended by: III. 2013.22.