Loss set-off restriction removed, altering treatment of unabsorbed losses and carryforward under income-tax provisions for taxpayers. The amendment excises from subsection (1) of section 74 the phrase conditioning a loss's allowance on its inability to be wholly set off against income under other heads in accordance with section 71 and on such loss remaining unabsorbed or where the taxpayer has no income under other heads, thereby removing that limitation on treatment of unabsorbed losses for set-off and carryforward purposes, effective from 1 April 1992.