Part 2 Meeting the Threshold Conditions: Bodies Corporate [and Partnerships]
Finance Act 2014 (2014 c 26) | Legislation

Part 2 Meeting the Threshold Conditions: Bodies Corporate [and Partnerships]

[Interpretation

13A

(1)     This paragraph contains definitions for the purposes of this Part of this Schedule.

(2)     Each of the following is a “relevant bodyâ€â€”

(a)     a body corporate, and

(b)     a partnership.

(3)     “Relevant time†means the time referred to in section 237(1A) (duty to give conduct notice to person treated as meeting threshold condition).

(4)     “Relevant threshold condition†means a threshold condition specified in any of the following paragraphs of this Schedule—

(a)     paragraph 2 (deliberate tax defaulters);

(b)     paragraph 4 (dishonest tax agents);

(c)     paragraph 6 (criminal offences);

(d)     paragraph 7 (opinion notice of GAAR advisory panel);

(e)     paragraph 8 (disciplinary action against a member of a trade or profession);

(f)     paragraph 9 (disciplinary action by regulatory authority);

(g)     paragraph 10 (failure to comply with information notice).

(5)     A person controls a body corporate if the person has power to secure that the affairs of the body corporate are conducted in accordance with the person's wishes—

(a)     by means of the holding of shares or the possession of voting power in relation to the body corporate or any other relevant body,

(b)

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