(1) In this section -

‘the Acts’ has the same meaning as it has in section 1095;

‘estimated non-relevant trading loss’, in relation to a specified accounting period, means a non-relevant trading loss incurred or expected to be incurred, based on the best estimate that may reasonably be made, by a company in a specified accounting period;

‘estimated relevant trading loss’, in relation to a specified accounting period, means a relevant trading loss incurred or expected to be incurred, based on the best estimate that may reasonably be made, by a company in a specified accounting period;

‘excess claim’ means the amount by which the amount, referred to in this definition as ‘A’, exceeds the amount referred to in this definition as ‘B’:

(a) A, being the amount of tax repaid to a company for the preceding accounting period as computed in accordance with an interim claim made under this section, and