[257HJ Minor definitions]
Income Tax Act 2007 (2007 c 3) | Legislation

[257HJ  Minor definitions]

[(1)     In this Part—

“arrangements” includes any scheme, agreement, understanding, transaction or series of transactions (whether or not legally enforceable);

“associate” has the same meaning as in Part 5 (see section 253);

“bonus shares” means shares which are issued otherwise than for payment (whether in cash or otherwise);

“director” is read in accordance with section 452 of CTA 2010;

“EIS relief” means relief under Part 5;

“group” means a parent company and its qualifying subsidiaries;

“group company”, in relation to a group, means the parent company or any of its qualifying subsidiaries;

“ordinary shares” means shares forming part of a company's ordinary share capital;

“parent company” means a company that has one or more qualifying subsidiaries, and “single company”

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