Cap. 123 Art. 20Exclusion of double reliefs.

(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 giving group relief more than once, in respect of the same amount.

(2) In accordance with the provisions of sub-article (1), two or more claimant companies cannot, in respect of any one loss, obtain in total more relief than could be obtained by a single claimant company.