[280D The no business acquisition condition]
Income Tax Act 2007 (2007 c 3) | Legislation

[280D  The no business acquisition condition]

[(1)     This section applies for the purposes of the no business acquisition condition.

(2)     Where a company makes an investment in another company (“the relevant company”), that investment breaches the prohibition on business acquisitions if any of the money raised by it is employed (whether on its

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