291 The carrying on of a qualifying activity requirement
Income Tax Act 2007 (2007 c 3) | Legislation

291  The carrying on of a qualifying activity requirement

(1)     The requirement of this section, at any time on or after the issue of the relevant holding, is that a qualifying company (whether or not the same such company at every such time) must have been carrying on a qualifying activity at all times from the issue of the holding to the time in question.

(2)     [Carrying on a qualifying trade] is a qualifying activity.

(3)     Preparing to carry on a qualifying trade is a qualifying activity if,

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