225 Insignificant repayments ignored for purposes of section 224
Income Tax Act 2007 (2007 c 3) | Legislation

225  Insignificant repayments ignored for purposes of section 224

(1)     A repayment is ignored for the purposes of section 224 (repayments etc of share capital to other persons) if both—

(a)     the market value of the shares to which it relates (“the target shares”) immediately before the event occurs, and

(b)     the amount

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