618 Elections under section 617: groups of companies
Corporation Tax Act 2009 (2009 c 4) | Legislation

618  Elections under section 617: groups of companies

(1)     If—

(a)     a company makes an election under section 617 in relation to its contracts, and

(b)     another company, which is a member of the same group as the company making the election, is a party to a contract to which the election applies,

the other company is treated, in relation to that contract, as if it had also made such an election.

(2)     If—

(a)     a company (“the electing

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